Neoliberalism

For the purposes of this essay, I shall take my definition of neoliberalism from David Harvey. Harvey defines neoliberalism as being made up of two major elements: it is both a utopian economic project and a potent class project . The former refers to the interpretation of neoliberalism a project to realise a theoretical design for the re-structuring of global capitalism . The latter refers to the veaiew that neoliberalism is a political project, primarily designed to re-establish the conditions…

This research aims to explore how neoliberalism specifically impacts women. I will explore the tensions within neoliberal economics and ideology. These tensions compel women into certain iterations of success while limiting to what extent they can achieve this success. Neoliberalism offers an illusion of choice while actively restricting the scope of choice. The prominence of the ‘entrepreneurial self’ has salient ramifications for women. In this essay I will address three topics in the context…

may be accurate, it is also extremely vague and doesn’t touch on the several other ties between these issues. I first wanted to touch on what I feel is a huge contributor to the flaws in our health care system, this being the concept of neoliberalism. Neoliberalism, meaning new and free from government intervention, has three principles; individualism, privatization and decentralization (McGregor, 2001). Neoliberal policies replace…

In virtue of the fact that the movement levelled a systemic critique at neoliberalism and the hypocrisy of representative democracy in its current state, it may be asserted that the movement can be branded a ‘failure’ due to its inability to incite a revolution, or to overthrow neoliberal capitalism. Yet to simply reject the movement…

The 18th-century economic principle of laissez-faire, the idea that everything should take its own course without government interference, has been resurfacing as neoliberalism. Neoliberalism is a 20th-century movement of large-scale production to developing nations and the push for free global trade that is made possible by the greater global connectedness, a result of globalization. Open trade markets are beneficial to members of the upper-class western world who can purchase goods at lower…

Neoliberalism stated that free markets had more stability than Keynesianism described, because the risks in market can be predicted in advance and prices will always objectively reflect possibilities. However, Keynesianism believed that government intervention will stable the economy. According to this article, the author agrees that Keynesianism is better than neoliberalism in spite of some weaknesses. I am convinced by her claim that government intervention will more stable than free market…

distribution, the nationalization of industry and the expansion of social welfare. The Pinochet dictatorship did not implement neoliberal reforms until the late 1970s even as the country was experiencing hardship due to a decrease in oil prices. Neoliberalism began between 1978-79 under the influence of the Chicago Boys. As with the previous countries the neoliberal reforms resulted in a reduction of tariffs and a reduction of state and state industries. It made imports less expensive which hurt…

In the early 1980s neoliberalism came to dominate the UK and US in terms of economic policy making. When Margaret Thatcher and Ronald Raegan came into power they believed that the solution to world debt was “free market and sound money” (Kiely, 2005). This theory involved very little involvement of the government, leading to less public spending and increased taxes. In the UK, this targeted the welfare state as benefit systems were tested and unemployment increased. First World countries, in…

De-Privatisation. Is this really happening? Privatisation is a primary goal in neoliberalism. In layman’s terms, privatisation means passing control from the state to private ownership. Hoover believes that there is a de-privatisation of religion, which would be contrary to our discussion that religion reproduces the neoliberal self if true. Hoover discusses the central driver of de-privatisation of religion is religious differentiation through media. This can occur through media-generated…

Thus, neoliberalism requires that states around the world, regardless of their political makeup, need to reengineer themselves through new market laws. In other words, like capitalism, which for its success, as a “mutable system” has to remain in “perpetual change” (Bookchin, 2015: 3), neoliberalism requires to bring about more change. Bookchin echoes Marx’s argument similarly. There are other capitalist notions, which find their way into neoliberalism. In his book The Joy of Capitalism…