Neoliberalism Analysis

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Basic principles of neoliberalism include the deregulation of the state, in which this trickles down to the cutting of services for society's welfare, including the cutback of the police, healthcare and economic opportunities. During the 1930’s, massive civil social unrest outbreak, in response to the American depression, which triggered a global economic catastrophe. These forms of resistance continued to grow within Latin America, however started to receive backpack from a global power. In Paul Almeida’s piece of work, “Waves of Protest: Popular Struggle in El Salvador, 1925-2000,” the author highlights the political and social dynamics in the nineteenth century that have been normalized in order to organize the current social formation …show more content…
As scholars note,“the rising prominence of neoliberalism as a new strategy of governance that reaches well beyond economic reforms” (Hale 10). This exemplifies the power of neoliberalism to not only change economic structures, but also to reinforce a system based off race as well as cause political turmoil. For instance, this idea of free market politics is a way for nations to benefit off those who can't compete with fully industrialized nations. It’s like someone in high school competing with an elementary child in an academic recording; the experience level and access to resources is different, therefore there will inequality in the outcomes. In societal terms, the market is prioritized with the help of subsidies and free trade, while people are left with inflation and substandard wage-labor. On a deeper level, this notion revolved to the free market of contained populations, which questions why markets and tariffs open but people are left stuck without growth or chance to leave because of construction of borders. This can be tied to racism because of the notion of who belongs and who …show more content…
Because Western Imperialism has shaped the structures of society, this exemplifies the power of ideologies, and how they can transform the globe. Military influence, such as the installation of coups from the United States as a way for neoliberalism to thrive off genocide. In Paul Drake's piece of work, he notes“Within the subordinate states, these decisions to collaborate rather than clash with the hegemon have depended on the perceptions of local ruling groups and governing coalitions”(drake 28). This highlights the notion of dependency theory, in which “resources flow from a "periphery" of poor and underdeveloped states to a "core" of wealthy states, enriching the latter at the expense of the former” (Wallerstein). A prime example is how people in peru cant even afford quinone because of Export-oriented industrialization, which in reality destroyed economic viability of underdeveloped

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