Many of the countries suffering the most from this in Asia lean heavily socialist, and modern Europe is hardly a bastion of neolibralism. No economic system is

Many of the countries suffering the most from this in Asia lean heavily socialist, and modern Europe is hardly a bastion of neolibralism. No economic system is immune to something like a severe energy supply shock. Almost all the criticisms I see of liberal economics these days are complaining about factors that any economic system is vulnerable to because they are basic economic and human behavioural issues. I think Thatcher/Reagan neoliberalism has run it's course though, nobody is actually following that script anymore. Certainly not the last few Republican administrations in the US. Trump is instinctively state interventionist.