Milanovic rejects neoliberal revival, urging a new economic system
Executive summary: Milanovic, a prominent inequality scholar, said in a Le Monde interview that neoliberalism will not return and called for constructing a new economic system. His view challenges the prevailing market‑oriented paradigm and signals potential shifts in policy discourse toward more inclusive frameworks.
Who is involved: Branko Milanovic, Le Monde (interview), global economic policymakers
Likely next: The comment is expected to stimulate academic and governmental debates on alternative economic models and may influence upcoming policy proposals.
Branko Milanovic, a leading inequality scholar, stated in a Le Monde interview that neoliberalism will not return and called for constructing a new economic system. He linked current geopolitical shocks and Western decline to the need for restructuring global economic governance. The remarks were published on 14 June 2026 and invite policy discourse on inclusive growth.
Timeline
- — Branko Milanovic, économiste : « Il n’y aura pas de retour à l’idéologie néolibérale, il faut donc réfléchir à la construction d’un nouveau système » (Le Monde — Économie)
Analysis — what this means
Likely next events
- Increased academic conferences on post‑neoliberal economics
- Policy think‑tanks proposing new tax and welfare frameworks
- Media follow‑up pieces analyzing implications
Sectors affected
- Finance
- Policy
- Academia
- International Relations
Regulatory implications
- Discussion of tax reforms to address inequality
- Consideration of social welfare reforms to align growth with wellbeing
Historical parallels
- Post‑World War II Keynesian consensus
- The New Deal era’s restructuring of market rules
- The Bretton Woods shift toward coordinated macro‑policy
Key entities
Sources
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