Neoliberalization has not been very effective in revitalizing global capital accumulation, but it has succeeded remarkably well in restoring, or in some instances (as in Russia and China) creating, the power of an economic elite. The theoretical utopianism of neoliberal argument has, I conclude, primarily worked as a system of justification and legitimation for whatever needed to be done to achieve this goal.

The main substantive achievement of neoliberalism has been to redistribute rather than to generate wealth and income.

The invocation of social necessity should alert us. It contains the seeds for Marx's critique of political economy as well as for his dissection of capitalism.

The net effect of increasing scale, centralization of capital, vertical integration and diversification within the corporate form of enterprise has been to replace the 'invisible hand' of the market by the 'visible hand' of the managers.

Perpetual revolutions in technology can mean the devaluation of fixed capital on an extensive scale.

There are signs, these days, that the cultural hegemony of postmodernism is weakening in the West. When even the developers tell an architect like Moshe Safdie that they are tired of it, then can philosophical thinking be far behind?

The only solution to the contradictions of capitalism entails the abolition of wage labour.