Points worth repeating. . .

Instead, the ongoing retreat of neoliberalism is occurring in a piecemeal and tacit way. It is driven not by politicians and intellectuals acting as the vanguard of a class war—that battle was won long ago by the capitalist camp—but by a governing class, custodian of the prevailing regime, which mostly sees itself as reacting to unforeseen shocks the best it can and coming to terms, as it figures it should, with the formidable geopolitical challenge that is China. In such a conjuncture, fondness for the Gramscian concept of a historical interregnum does not pass muster. There is no organic crisis to speak of. The accumulation regime is solidly entrenched, and faring well on its own terms. It is not the case that the old is dying and the new cannot be born. The new is already busy replacing the old, only this process is unfolding gradually, bereft of doctrine and theoretical coordinates, shepherded by the establishment and conforming with the interests of the already privileged.

(accessed online at https://newleftreview.org/issues/ii158/articles/nathan-sperber-beyond-neoliberalism)