On the Limitations of Michel Foucault’s Genealogy of Neoliberalism

Abstract

Michel Foucault's genealogy of neoliberalism in Naissance de la biopolitique is surprisingly lacking in critical acumen vis-à-vis neoliberal rationality. Several interpretations explain Foucault's appreciative tone by hypothesising about Foucault's supposed conversion to neoliberalism. In this article, I argue that the problem lies not in Foucault's personal politics but in a disappointing application of the genealogical method. Compared to previous works, Foucault's lectures on neoliberalism focus exclusively on neoliberalism's self-presentation by the likes of Hayek, Becker, and Friedman. It does not explore the subjective effects of neoliberalism on the governed, which would have been impossible for Foucault in 1979. I argue that, by taking into consideration the negative effects of actually-existing neoliberalism, one reveals an immanent critique of neoliberalism at the heart of genealogy. Neoliberalism promises a post-disciplinary order conducive to subjective freedom, but actually requires subjects to adapt to the discipline of free market competition.

Keywords

• Foucault
• Neoliberalism
• Genealogy
• Immanent Critique
• Governmentality