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hurricane_run
Monetarism is absolutely related to neoliberal thought, so whether it was seen as a purely practical or political means of dodging responsibility is kind of irrelevant here.
I'd also argue that the way in which Blair and Brown introduced it, immediately after the election without it being in the manifesto, tells you it was at least partially ideological.
I'd rather have some form of democratic involvement in tools that dictate a large part of our economic existence, but that's just me.