The financial crisis of 2008 was exploited by the neoliberal shock doctrine

The 2008 financial crisis was exploited by the neoliberal shock doctrine.

The financial crisis of 2008 is another example. Caused by reduced bank regulation under pro-market governments, it was used in Britain as a justification to introduce spending cuts that also moved British society in a more neoliberal direction.

– The shock doctrine of the left - Uneven Earth