Using empirical research, this book critically analyses the dynamics, culture and forms of subjectivity of neo-liberalism. It draws upon existing historical, sociological and cultural studies to excavate the geneaology of the capitalist subject with specific emphasis on the neo-liberal govern-mental context of the last four decades. Michel Foucault’s notion of governmentality, which he developed in his Collège de France lectures of 1978 and 1979, is employed as an hermeneutic key to historically situate and critically analyse the regimes of subject-formation characteristic of neo-liberal capitalism. The current crisis in capitalism is surveyed, along with earlier forms of capitalism, and the transition in power from discipline to control is explored. The study concludes by tracing the changing face of Homo Economicus in relation to resistance levelled against neo-liberal capitalism and the resultant metamorphises it has undergone. Drawing upon political philosophy and political economy, Benda Hofmeyr presents a comprehensive Foucaultian analysis and historical contextualisation of the rise of neo-liberal governmentality.