We need to understand what the liberals already know but are unwilling to admit publicly; liberalism is in a deep crisis. The liberal wing of the ruling class has caught itself on the horns of a dilemma.

On the one hand, the Liberals serve the interests of capitalism, in that sense the shift from Keynesian Liberalism to Neoliberalism comes about due to the economic crisis following the demise of Keynesianism due to stagflation in the 1970s.