This article takes the form of a debate between two theorists who work with the concept of postliberalism. Following an introduction reflecting upon what is at stake in this debate, each contribution is organised in three sections. Firstly, as an opening gambit, both authors outline their basic understanding of the concept of postliberalism. Secondly, the authors stake out their very different claims as to whether or not postliberal approaches challenge neoliberal understandings sufficiently to create new conditions for emancipa- tion or merely maintain governmentality. In the respective final sections of their con- tributions, the authors clarify the workings of postliberal approaches in policy practice.