>neo-capitalism The term doesn't make much sense, it was likely coined by people who do not understand our economic system. Capitalism never went away, it's th

>neo-capitalism The term doesn't make much sense, it was likely coined by people who do not understand our economic system. Capitalism never went away, it's the dominant system we live in now and have for centuries. There isn't anything "neo" about today's capitalists. As for some of the promoters of Austrian school teachings I agree with you they aren't the most charitable types, however the theory itself just looks at the economic system the way it works - there's actually less social judgement in Austrian school thought than other economic schools. Which is why it's less popular. A rational and neutral approach when it comes to macroeconomics does not have mass appeal.