The Death of Neoliberalism [Suresh Naidu]

The video discusses neoliberalism as an ideology operating on multiple levels: high theology, policy, and folk wisdom. It explores the economic foundations of neoliberalism, particularly the first welfare theorem, and its policy implications. The video highlights challenges like inequality and climate crisis that have weakened neoliberalism's coalition. It argues for moving beyond neoliberalism due to its inadequacies in addressing modern economic issues, suggesting a shift away from economics as the dominant social science.

According to the text, what challenges does neoliberalism face in the context of climate change?

What does the text suggest about the future of economics in relation to the end of neoliberalism?