Ian Walsh points out that it’s the same neo-liberal elite who created the conditions for the rise of the new fascism which now complains about its existence.
Trump did well because he offered a problem statement and a solution (albeit somewhat incoherently). Sanders did better than any socialist has done in decades for the same reason. Corbyn is Labour leader because he offered a solution as well.
All of these people are offering solutions which are not tweaks to the status quo: They are massive changes. Slapping a 35 percent tariff on all overseas-made goods (Trump) is not a small thing, it is a radical overthrow of the current world order.
Re-nationalizing swathes of industry in the UK, which Corbyn wants to do, is also a radical change in how the country is run.
Neoliberalism is dying because it cannot offer a solution to problems it created. The problem is that it is dying in a way which may lead to a revival of fascism, an age of revolution, and an age of war.
Neoliberals are monsters. It is a philosophy born in the sentiment, “Fuck you Jack, I’ve got mine.” People who supported neoliberals (like Reagan Dems) were either clueless or monsters (or both). The results reaped by neoliberalism are exactly what was predicted by its critics.