[...] However anachronistic it may seem, neoliberalism is grounded in the ‘free, possessive individual’, with the state cast as tyrannical and oppressive. The welfare state, in particular, is the arch enemy of freedom. The state must never govern society, dictate to free individuals how to dispose of their private property, regulate a free-market economy or interfere with the God-given right to make profits and amass personal wealth. State-led ‘social engineering’ must never prevail over corporate and private interests. It must not intervene in the ‘natural’ mechanisms of the free market, or take as its objective the amelioration of free-market capitalism’s propensity to create inequality [...]

According to the neoliberal narrative, the welfare state (propelled by workingclass reaction to the Depression of the 1930s and the popular mobilisation of World War Two) mistakenly saw its task as intervening in the economy, redistributing wealth, universalising life-chances, attacking unemployment, protecting the socially vulnerable, ameliorating the condition of oppressed or marginalised groups and addressing social injustice. It tried to break the ‘natural’ (sic) link between social needs and the individual’s capacity to pay. But its dogooding, utopian sentimentality enervated the nation’s moral fibre, and eroded personal responsibility and the over-riding duty of the poor to work. It imposed social purposes on an economy rooted in individual greed and self interest. State intervention must never compromise the right of private capital to ‘grow the business’, improve share value, pay dividends and reward its agents with enormous salaries, benefits and bonuses. The function of the liberal state should be limited to safeguarding the conditions in which profitable competition can be pursued without engendering Hobbes’s ‘war of all against all’.