Neoliberalism ignores the cries of its victims. It dismisses their suffering and rage as irrational, ignorant and racist. It neuters liberal reforms, rendering them cosmetic and useless. Liberal apologists for neoliberalism, no longer concerned with economic justice, retreat into boutique activism. They mouth empty slogans about diversity and political correctness while pretending the relentless class war, unleashed globally since the 1970s, does not exist.

Chris Hedges

He sums up The Chicago School of Economics, neoliberalism, and Obama, perfectly.