Neoliberalism

One interesting feature of Neoliberalism is the Prisoner’s Dilemma. In this two-players game “it is assumed that the only concern of each individual player is to maximize their own advantage, with no concern for the well-being of the other player” (Dunne et all. p.356). States are self-interested actors. Each player make a choice without knowing what the other will do. That is why each player is acting to avoid the worst outcome that could result from the other player’s action. There is no best strategy in the Prisoner’s Dilemma because the strategy that works best depends on what strategy the other player is using. There is uncertainty, states can never be sure about the intentions of other states. This dilemma fashion illustrates

After analyzing the forestry problem described earlier, the problems are clearly linked domestic government policy and not only the giant multinational corporations as Ellwood has posited. The incentive for corporations to conduct cross-border trade is not the unperturbed environmental laws, it is the comparative advantage they would gain from cheap labor and resources. LeGrain advances the argument that approximately 80% of polluting industries are in industrial nations, such as America where Greenpeace affirms that oil corporations receive billions of dollars in subsidies for their production purposes which does the most environmental damage that affects the rest of the world with it. Initiatives should be started to reduce the Global South’s dependency on the Global North because it is their high debt-GDP ratios which keep the prices of natural resources (often tied to their currency) low enabling large consumption. There is a clear incentive for the international community to reduce the Global South’s dependency because it is widely agreed that as the GDP per capita of a nation increases the residents are able to afford environmental remediation products and

6As a consumer, I am buying their products and supporting them. I am showing them that it's okay of what they're doing. We as consumers have a lot of power to turn the table around, we need to step up and tell these companies that we do not accept what is happening to the people, and how do you tell them that; not buying their products, we need to work together to change what is happening and build a better

In her well-informed discussion of neoliberalism, Sarah Baab discusses how neoliberalism does not affect poor countries as much as it does wealthy countries. She states, “Most global trade and foreign direct investment occur among wealthy countries, rather than between wealthy and poor nations. Wealth and power continue to have their privileges, although there is no doubt that some of these privileges have been eroded for non-elites in developed countries” (Ritzer and Atalay, 131). Baab is correct when considering the legal trade that occurs in vast amounts due to neoliberalism. Her flaw in her argument is that she fails to take into account the illegal trades that thrive due to neoliberalism, at times producing the majority of wealth for developing countries. Drug trafficking, sex trafficking, labor trafficking, and the smuggling of illegal goods occur between all countries, not just the rich and the poor. In fact, the wealthier states are making developing countries richer, and thus more powerful through their importation of goods such as illegal drugs and human beings. There is a huge risk for society associated with a country gaining its wealth through something as despicable as the trade

Over the last four decades Neoliberal policies have generated issues such as social inequalities, discrimination, and an increase in poverty, that have affected the lives of many individuals on a global scale. These repercussions were the result of a Neoliberal agenda that aimed to maintain economic growth with social reproduction. After World War II, a welfare state was established which contributed to the growth of the GDP in the United States until the economic recession in the 1970’s. In response to the economic crisis in the 20th century, Neoliberal elites aimed to stimulate economic growth by limiting welfare and lowering labor costs which increased poverty, precipitated discrimination towards people of color, and created an unfair justice

Over the past couple of years, countries and companies alike have taken the steps to ensure their citizens or employees are living an economically friendly lifestyle. This can be achieved by recycling programs, motion activated lights, and producing products with sustainable materials that do no harm to the trees or atmosphere. While countries like the United States and those in Western Europe have the capabilities to achieve this with advanced technology, education, and funds, the more poor countries of Earth still have to surrender themselves to unethical solutions. It is not only businesses in these regions that make these crucial decisions, but the government as a whole. A current example is the Nicaragua Grand Canal that is deciding to

Welfare recipients and “dangerous criminals” (the label casted) serve the function of displaced anger from social insecurity while the state proceeds with its economic deregulation. We see this still in debate the problems in society are the people mulching off welfare and social security, people don’t understand our insecurity is stemming from neoliberalism itself.

In Haiti, once a French colony, people became inspired by the ideals of the French Revolution to press for freedom and civil rights. As they saw that people in France demanded and fought for these rights themselves, the hypocrisy of colonial exploitation became very obvious to the Haitians. In 1804, the Haitian Revolution made Haiti the first freed colony. Decolonization of places formerly controlled by Europe peaked after World War II sapped the strength of European countries. As a result, between 1945 and 1981, 105 newly freed nations joined the UN (McMichael). But even with this newfound freedom, there was still the issue of enormous economic inequality. The First World was rich, while the Third World, not yet able to begin recovering from years of exploitation, was very poor. The remedy would be development, which would take capital. So, new nations would pursue economic growth with First World assistance. This assistance would be facilitated by institutions that would be founded during the Bretton Woods Conference in

For generations, activists and legislators have strived and struggled to approach the subject of the unequal resource distribution across the nation. Typical discourses have concentrated on the dilemma between espousals of feigned concerns for insecure and impoverished people, while simultaneously projecting particular anxieties with supporting their dependency on the state. For the past three decades, US policy has positioned itself in conjunction with neoliberal philosophy, composed with the intention to discourage political aid. Not necessarily to foster an environment of starvation, but rather to encourage private individual living without state intervention. However, the consequence of neoliberal policy often results in marginalized identities,

The four policies Harvey says are vital to neoliberal accumulation by distribution policy and used to explain the state facilitating the 2008 Economic crisis are 1. Privatization which opened new markets of capital accumulation of 2. Finacilization which allowed redistribution, speculation and fraud 3. Crises Management /Manipulation which allowed “debt traps” a primary means of accumulation by distribution and State Redistribution

Many researchers have reviewed and disapproved the power of neoliberal policies that are influencing on adult and continuing education all around the world. McLean, S. s. (2015) wrote a qualitative study that is aimed to explore the fact about autonomy of the neoliberal subject. Neoliberal rules and consistencies is part of adult education which has been criticized by many researchers and scholars. It has been argued by current sociologists that neoliberal people are defined with characteristics related to particular autonomy. In this study, we have covered some essential variability and historical evolution of human subjectivities that are related to social theories. The author’s case study was conducted on readers of self-help books as a

‘Neo liberalism is responsible for most of the global economic problems we are experiencing today’

promoted a half way approach to liberal ideas while they incorporated parts of a social

The economy today runs on an antiquated ritual of exploiting, plundering, devastation, and manipulation of land for material wealth, profiting the wealthy and condemning the poor. This mindset is no more sophisticated than feudalism, a system so bad it had to be outlawed along with witchcraft. The idea that exploitation of land is justified has brought plastics to the ocean and leveled rainforests. Large corporations have grown larger by manufacturing and production, depleting the planet’s resources in the process. Now, companies must make a combined effort to put the environment first, before profit. Because of their harmful practices, consumers have the right to know where products come from, how they’re made, and the impact on the environment. Furthermore, it is the responsibility of the large corporations to change their harmful practices, to make strides towards ending climate change and use clean, sustainable methods.

(B. Kamiński 225). However, the package was met with a flurry of criticism from prominent economists and journalists. Echoing the key principles of neoliberalism, the economist Tomasz Jeziorański argued that the principal weakness of the package consisted in granting the full responsibility for economic performance to the central administration. The free enterprise characterized by responsibility and autonomy, he insisted, was incompatible with economic coercion by the state (B. Kamiński 226). As a consequence of protests of similar nature, the government eventually withdrew the package in question from further consideration.