Recently anthropology has experienced an intellectual crisis of confidence, a sense that the discipline has lost its way, and an institutional crisis, a loss of resources following the financial crisis. Together, these crises provide a perspective that helps us to make sense of what preceded them. This article argues that both crises are signs of the failure of the neoliberalism that rose to prominence in the 1980s, both as a foundation for public policy and as an important, though unrecognized, influence on elements in anthropological thought. It focuses on that influence. It does so by describing some of the changes in anthropological orientation since the 1980s. Prime among these are the loss of disciplinary authority, the solidification of the focus on culture at the expense of a focus on society, and the rejection of systemic theories of social and cultural order. It is argued that, together, these changes have left anthropologists with no critical perspective on the world, just as the ascendance of neoclassical economics left economists with no such critical perspective.