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Neo-liberalism is an economic theory and a social reform movement at the same time; its interconnected position as a knowledge technology and a political practice precisely contributes to its all-pervasive significance. Neo-liberalism positions itself in the tradition of Enlightenment through the actions stemming from its scientific and social configurations. It refers to the dominance of scientific rationality, or to be more exact, economic rationality. Thus, neo-liberalism can be considered as an escalation of the Protestant ethic, a nearly total and globalising regime of economic rationality. It aims at transforming capitalist societies in the direction of an all-encompassing market. In the 1980s, the strengthening of neo-liberalism in the era of Reaganomics and Thatcherism was initially called a 'neo-conservative revolution'. This term led to a clearer awareness of the tradition of the appropriate theory and politics than the (actually) misleading term 'neo-liberalism'.