The primary objective is to overcome any possible blockage to the free circulation of capital across the world market. This opens up the possibility of cascading 'spatial fixes' to the capital surplus absorption problem.
What anthropologists refer to as the 'potlach' in non-capitalist societies, for example, confers prestige on those who give away, renounce or in some instances even outright destroy, through elaborate ceremonies, the material possessions they have accumulated
IMF 'structural adjustment programs', which mandated austerity in order to pay back the banks, thereafter proliferated around the world.
what is meant by that word neoliberalism. My view is that it refers to a class project that coalesced in the crisis of the 1970s. Masked by a lot of rhetoric about individual freedom, liberty, personal responsibility and the virtues of privatisation, the free market and free trade, it legitimised draconian policies designed to restore and consolidate capitalist class power.
