Neo-liberalism is an ideological blind faith in markets. Like all dogmas or pseudo-sciences, its adherents continue to grasp at it, regardless of how many facts and events prove that markets do not work. They endlessly chant the mantra “public bad, private good”.
As Derek Wall discusses in his book ‘Beyond Babylon’ there is a range of alternatives to neo-liberalism, ranging through Keynesian, regulatory, localist, eco-feminist, socialist and anarchist approaches, to name a few. They all have positive contributions to make, and all of us need to unite to slay the neo-liberal dragon.