A plausible explanation for the strange support for neoliberal policies in the US

From Randy Hohle:

Neoliberalism is the political and economic framework based on privatizing public works, removing rules and regulations over businesses that protect citizens, and tax cuts for the wealthy. You might wonder why anyone outside of the wealthiest 1% would support such policies. Here’s my theory: neoliberalism was made possible by a racialized language of privatization that defined all things private as “white” and all things public as “black.”

...The reality is that white resentment towards blacks has made neoliberalism possible despite 30 years of failed policy and to the detriment of whites and blacks.