David Harvey Neoliberalism

In the book “A Brief History of Neoliberalism”, David Harvey concludes that neoliberalism is profoundly anti-democratic by nature. Criticizing Harvey’s assessment on neoliberalism, which I believe that neoliberalism mainly focuses on the four points. The first point knows the rule of the market, which liberating free enterprise or private enterprise from any bonds imposed by the government (state) no matter how much social damage this causes. Reducing the wages by organizing workers and terminate worker’s rights that had been won over many years of struggle. Total freedom of movement for capital, goods and services are all in total. But, in order to convince us that this is best for us, once mentioned, “an unregulated market is the best way to increase economic growth, which will ultimately benefit everyone.”
Second main point of neoliberalism is, cutting public expenditure for social service. Specifically like education and health care. Reducing the safety net for the poor, and even maintenance of roads, bridges, water supply and as well as reducing government’s role. Yes, they don’t oppose government subsidies and tax benefits for business. Third one is Deregulation, which is basically reducing …show more content…
For the vast majority it brings even more suffering than before, as like suffering without small, hard won gains of the last 60 years, suffering without end. Under Thatcher and Reagan, for instance, Peters (2001) argues that neoliberalism directly led to the economic liberalization/rationalization of the state, the restructuring of state sectors, and the dismantling of the welfare state. Neoliberalism was believed to be a classical political economy theory, which advocated for markets (and thus people) to be completely liberated from any type of governmental interference (Smith