This paper critiques left neoliberalism with reference to certain tendencies in cultural studies, antiracist politics, disparity discourse, and college sports. Where the dominant tendency in cultural studies has been to generate complex analyses of identity-based oppression, this paper insists on a conception of class politics that, on the one hand, calls for more attention to exploitation and, on the other, de-emphasizes the “working-class identity” model. By exploring two recent episodes of athlete activism in college sports—namely, the much-admired “strike against racism” at the University of Missouri in 2015 and the widely condemned (and ultimately unsuccessful) effort by Northwestern University football players to form a union in 2014—the paper contends that the commitment to eliminating racism and indifference to ending exploitation in these contexts reflects the broader commitments of a “left-wing” neoliberalism that devotes itself to ending inequality without redistributing wealth.