Oireachtas Joint and Select Committees

Thursday, 26 February 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Professor Terrence McDonough:

Yes, to differing degrees but neoliberalism is a set of policies and preconceptions, tendencies etc., all of which can be said to have played a role to a greater or lesser degree in each of the Administrations since 1987. This would also be true in Great Britain on one side of our country and the United States on the other. There were transitions between Democratic and Republican Administrations in the United States but the basic orientation of each Administration, when considered at this abstract level, was the same.

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