We all know what reduces poverty. Only one thing has ever successfully done so anywhere in the history of the world. It's called redistribution.
Yep, but people will do anything they can to avoid admitting that fact. Including arguing that the failures of neoliberalism are in fact the failures of an insufficient level of neoliberalism. Intellectually, it's the equivalent of refusing to recognise that the USSR's Communism was failing in the 1980s.
The word "neoliberal" has, in the past 40 years, been applied to everyone from Milton Friedman to Kamala Harris. Its meaning has effectively been lost to time.