Neoliberalism arose from classical liberalism, which was believed in individual liberty, equal opportunity, and private property should administer by individual 'law of nature' while the 'law of state' regarded as a 'necessary evil'. When neoliberalism had emerged in 1970s, it replaced the theories of Keynesianism, which targeted state regulation on the economic policy; towards a more 'monetarist' individual self-regulating and 'market law' approach. This "Individual against all" approach of neoliberalism led the mass to live like slaves in slavery age and peasants in feudalism. Then economic crises aggravated and the 'law of identity' emerged or neoliberalism shifted towards all against all approaches of neo-populism. This paper explores the neoliberal law of the individual over the mass and its practical failure; next it discusses all against all laws of neo-populism and its threats. In the end, it provides the missing laws of both the 'neo-neo' approaches as a solution anda concluding remark.
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Sibuh Tareke (2020) studied this question.
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