Looks at the history of neoliberalism as more than just an intellectual lineage, by considering how the ideas (and their implementation) were shaped by the larger economic circumstances at hand. Some quotes that sum up the (long) piece: “structural material conditions and institutionalized political power can lead political elites to strategically select among different sets of expert ideas”, and “ideas, even the obscure, technocratic ideas of professional economists, cannot be understood outside of the political context that gives ideas shape and influence”.