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- In fact, neoliberalism has often been used as a pejorative term used by critics of free-market economics, globalisation and increased inequality of modern capitalist economies.
www.economicshelp.org/blog/20688/concepts/neoliberalism/
Apr 13, 2022 · Unlike some critics, you believe that neoliberalism is still a legitimate term of scholarly analysis in regard to understanding contemporary politics—rather than a pejorative, catch-all term...
- Daniel Steinmetz-Jenkins
A conversation with the historian Quinn Slobodian about...
- Daniel Steinmetz-Jenkins
Sep 16, 2014 · In an effort to get away from the simply pejorative use of the term neoliberalism, which can be attached indiscriminately to various forms of anti-democratic or pro-corporate power, the more historicist approach to the concept highlights its fluidity and contingent development.
- William Davies
- 2014
Oct 21, 2016 · The controversy stems from the fact that the term is primarily used as a pejorative term and not as a good-faith descriptive term to denote an ideology. In a study of 148 articles on political economy that use the term, authors Taylor Boas and Jordan Gans-Morse found that the term “neoliberalism” is almost never used in a positive light ...
- The Origin of Neoliberalism
- Examples of Neoliberalism in Practice
- Criticisms of Neoliberalism
- Evaluation
Neoliberalism originated in the 1930s as an economic philosophy which advocated both state intervention and free markets. It sought to provide a middle path (social democratic) between the perceived failure of classical economics in the 1930s and a Marxist approach. However, this original meaning of neoliberalism has been lost. In fact, neoliberali...
Chile in the late 1970s under the military dictatorship of General Pinochet adopted free market policies, including privatisation, deregulation, and reduced government intervention in pensions, hea...The policies of Reagan (US) and Thatcher (UK) during the 1980s are considered to have a neoliberal underpinning because they sought to privatise state-owned industries, cut income taxes and reduce...Russia post-Communism. After the break up of the Soviet Union, the Russian economy saw widespread price deregulation and privatisation. The programme of privatisation was controversial as some beca...EU neoliberal policies for Greece. During Greek debt crisis, EU officials demand Greece adopt various reforms in response to a ‘bailout’. These reforms focus on fiscal consolidation, including tax...Market fundamentalism. Critics argue that advocating the use of free markets in areas, such as health and education is misplaced because by nature these are public services, which are not subject to the same profit motivation. Also, the free market ignores the externalities of health and education. Adopting a free market approach can lead to wideni...
Sometimes critics use neoliberalism as a catch-all term to criticise any perceived failure of market-based economies.Some economists distinguish between neo-liberalism which promotes competitive markets and is suspicious of monopoly, and another type of neo-liberalism which is pro-business and (often supportive o...Free market reforms can lead to significant benefits, e.g. increased trade and inward investment can play an important role in increasing real wages, job creation and economic growth. Benefits that...Government regulations can become over bureaucratic and inefficient. In certain cases, reducing regulation can lead to a more efficient allocation of resources.Jul 25, 2021 · The term ‘neoliberalism’ passed into popular usage among left-wing commentators in the late 1970s as an essentially pejorative short-hand description for free market policies that were developed and implemented in the period when Margaret Thatcher and Ronald Reagan came to power in 1979 and 1980 respectively.
- Michael A. Peters
- 2021
And, for a variety of reasons, “neoliberalism” might be a pejorative (or at least read as a pejorative) in the context of the discourse of economics, but not in the context of the discourse of history.
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Sep 29, 2017 · Although there is increasing interest in what neoliberalism means and represents amongst a particular section of the population, it is primarily used as a derogatory or pejorative term to refer to someone who holds certain beliefs.
