Neoliberal Policy In Australia

The rise of neoliberal ideologies which began in the mid-to late 20th century around the globe due to the allure and rapid growth of globalization has resulted in a change in the welfare state of developed nations such as Canada. This has signified a drastic change from the Keynesian period of the early 20th century in which government intervention was seen as a way to create the conditions for full-employment which was thought to help the economy. The result of the adoption of neoliberal policy is a deterioration of the standard employment relationship and forms of non-standard employment becoming more common. Prevalence of non-standard forms of work such as part-time, temporary work can be attributed to the fact that employers have the freedom and incentive to be more flexible and cut costs whilst achieving growth. Free trade agreements such as the North American Free Trade Agreement have made it easier for countries to trade goods and services however this freedom of trade has also acted as a catalyst for companies to shift employment to developing or third-world countries such as Mexico in which labour and the cost of producing materials is substantially cheaper. In this paper I will make the argument that since the inception of NAFTA, workers living and working conditions have not improved and the adoption of neoliberal policies by the government has weakened the influence of the labour force and has made it more difficult for labour to organize. …show more content…
The value of neoliberalism lies in the idea of free market enterprise and the ability for non-public actors to facilitate market