Did Neoliberalism Create (And Destroy)The Greatest Artform In The History of Humankind?

Adebayo Adeniran
5 min readFeb 25, 2024

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Zachary DeBottis via Pexels

The 1970s were such an extraordinary time.

The United States of America was coming to terms with its ignominious failure in Vietnam and in Richard Milhous Nixon, it had a President who was as corrupt and morally bankrupt as they came.

And it was also the 37th American president, who took the very first and important steps in unleashing the greenback across the globe by breaking with the Bretton Woods agreement and liberating the power and influence of the American currency.

Even though many didn’t realize it at the time, those steps by Nixon, were the building blocks of what we would come to know as neoliberalism.

Friedrich Hayek and Milton Friedman, the protagonists of this extraordinarily revolutionary idea, recognized that at the heart of the efficacy of neoliberalism would be freedom: freedom from high taxes; freedom from legislation and freedom from the all conquering power of the state.

And liberating the power of capital from every constraint imaginable, would change our lives forever.

Just as this was happening, you had a disc jockey from New York, who was experimenting with his turntables to create a new sound which no-one had…

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Adebayo Adeniran
Adebayo Adeniran

Written by Adebayo Adeniran

A lifelong bibliophile, who seeks to unleash his energy on as many subjects as possible