Neoliberalism

A Shift to Neoliberalism In the final four decades of the twentieth century, America underwent a stupendous shift in national politics and economics scales. Politically, government embraced neoliberal policies that favored the economic and social theory of free market to encourage deregulation and privatization to result in economic restoration against inflation. Economically, deregulation favored wealthy corporation to reduce wage on workers and expend their savings to invest which expanded…

interactions with populations perceived as inferior in some manner. These cultural beliefs and practices include the judgement of neoliberalism and Western culture as the quintessential model, the idealization of specific personality traits, and the acceptance of inequality as the result of individual failure in a meritocratic system. These characteristics of neoliberalism have negatively impacted the neglected and underrepresented populations of both Western and non-Western countries by…

67, 68, 70). Neoliberal economic polices revolve around the belief that free market trade is a more effective way of sustaining and accelerating economic growth. Neoliberalism policies are defined by the rule of the market, cutting of public expenditures for social services, deregulation and privatization all contribute to the elimination of the sense of public good or community. The IMF and the World Bank, were key…

In Nineteen Eighty-Four, George Orwell wrote that “Who controls the past controls the future. And who controls the present controls the past.” Within Canadian politics, this assertion has proven to be an immaculate reflection on Harper’s rewriting of history, seen by Jack Granatstein as a way to de-politicize emphasis on social history and restore the place of military history in education. This focus of Confederation and military history, in particular the World Wars has not been without its…

Globalization has generated interconnected markets and networks. The ability to instantly access mass quantities of information is changing the collective identity of what it means to be a consumer. Mobile technology, social media, and peer-to-peer software are enabling communication and organization in ways that are fueling the formation of a new collaborative economy. ‘Access over ownership’ is becoming the new consumption model and is changing the traditional economic system by expanding…

Since 2002, Melbourne, the capital city of Victoria, is called as the world most livable city and the term livability has become so widely and used differently due to numerous rankings of livability has been studied(ABC.au 2014). However, most of the surveys ( see for instance liveablecity.org 2014) use the livability term to describe the quality of life and characteristics of each city which makes it livable. According to the Economist Intelligence Unit’s global livability survey, there is a…

Political-Economic Stances on Social Security: Liberalism and Social Democracy By merely glancing at political systems across the world, it is clear that politics and the economy are inextricably tied. Both are institutions that maintain a balance between freedom and equality, and both are associated with a variety of ideologies regarding what the best balance is (O’Neil 2013, 101 & 112). We often see how politics and economics influence each other, with economic regulation in policy, and a…

Neoliberal policies are often seen as a silver bullet for developing the economy and infrastructure of countries. Many people believe that by switching the control of the markets from the public to the private sectors, businesses will be able to growth at a faster rate and compete at the international level thereby bringing more money and resources to the country’s economy. Additionally, if a country has few export and import regulations, more international businesses will be encourage to invest…

Achieving unobstructed economic activities by efforts of ultimate economic liberalization Over the past two decades, economic liberalisation by global productivities has been increasingly expanding and persisting the advancements of western economic growth (Stehr & Strasser, 2004, p. 4). Many people from developed countries have prospered from ‘globalism’ (Robertson, 2003, p. 4) as a result of cross-border trade and investments. However for developing countries, that are not sizeable enough to…

The NHS is on the verge of collapse with paperwork and red tape piling up, leaving doctors and nurses less time to care for patients. Bureaucracy has existed since the establishment of the NHS in 1948 and attempts to reform this have gone in vain. The NHS promises to provide up to date services yet this is not always seen. In this essay, I will illustrate Friedrich von Hayek’s ideas of free markets and apply it to the issue of bureaucracy within the NHS. Hayek’s thesis was that socialism…