I also found I gained a lot of knowledge about Canada’s political economy, especially in regards to Canada being a form of politics referred to as neo-liberalism. I personally tend to stay away from the political conversation so it was interesting to learn more about neoliberalism and its foundational theory of free market economy. Neoliberalism emerged in the 1940s and 50s in the US and Europe but came later to …show more content…
The Neoliberalism set of economic policies has controlled politics in Canada ever since with each successive government as neo-liberal as the last. I believe that fundamentally the success of each political leader is a distinctive mixture of neoliberalism and socially conservative culture and family values. I recognise that neoliberalism is focused towards the privatization of public services and how this might bring private sectors to be increasingly efficient but I am really torn on this political form. I believe that Neoliberalism is very much disliked in Canada as, despite creating some economic growth, it is to blame for our social and economic disasters and the new challenges and insecurities faced by many Canadian individuals. For example neoliberalism has contributed to global financial failures by the deregulation of banks, it has broadened the gap between poor and rich societies and it is having a very negative impact on women’s social status in Canada. Nevertheless I do lean towards the idea that Neoliberals promote less spending on social services in order to minimize government intervention. Now before your aversion to me for this statement please let me explain. I do not agree with the tax cuts in funding among certain services that were once funded by