the postulate that markets are organised most effectively by private enterprise and that the private pursuit of accumulation will generate the most common good; accomplished by opening international markets and financial networks, and downsizing the welfare state
The equilibrium came to an end as a result of neoliberal thinking, which reshaped public space radically in the 1980s and 1990s. Not civil society but the free market was now the main architect and this applied to countless domains of public life, especially the media.