The limited persuasiveness of the neoliberal Narrative

The neoliberalism as dogma  did not fail in political terms but in economic terms in the sense that it did not yield the expected economic results of both structural and numerical nature. In other words, liberalization of the market has been available for more than thirty years to respond to the promise of a classical  economic theory that would make economic growth stronger and more stable, offer greater opportunities for economic mobility, eradicate unemployment and, more generally, all the necessary conditions for achieving prosperity. However, throughout the developed world, neoliberalism  has failed mercifully.  All developing countries that have developed economically, such as China, have done so precisely because they did not follow the instructions of neoliberalism, namely non-intervention by the state in the functioning of the market.