The Shadow of Neoliberalism: Reconfiguring the World Economy and Its Unfulfilled Promises
What is Neoliberalism? The economic theory known as neoliberalism holds that "the state should meddle less, let markets run on their own." It makes the case that governments shouldn't meddle too much in the economy, much like referees in a game. Rather, companies and individuals ought to function with few regulations, allowing supply and demand to determine results. Neoliberalism was a seismic shift in political and economic philosophy that rocked the world in the last part of the 20th...
