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Neoliberalism
Study Guide
Question | Answer |
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Is the concept of neoliberalism only historically economic, or has it also expanded into political, social, and human activity? | It has expanded into political, social, and human activity |
When did the concept of neoliberalism emerge, and what prompted its creation? | It emerged in mid-20th century, and developed in Western-nation states as a response to economic crisis (great depression, energy crisis) |
Does neoliberalism ideology support or reject government intervention? | Reject |
What is the main goal of neoliberalism, and what is the purpose of this goal? | Neoliberalism's main goal is an unrestrained, capitalist free market. the purpose is to maximize economic growth and general freedom. |
What does neoliberalism prioritize? | competition, privatization, profit, and deregulation |
What are some defining factors of neoliberalism? | More emphasis on individuals and competition amongst those individuals. Social darwinism. Denies social good, civic responsibility, and public service |
What areas of life has neoliberalism been spread to apart from just economics? | Government, social, healthcare, education shaped by free market principles |
From a neoliberalism viewpoint, if an individual encounters any type of problem, what should they do about it? | The problem is their fault, so it is fully up to them to come up with a solution |
From a neoliberalism viewpoint, if an individual can solve a problem on their own, how are they seen? What if they can't? | If they can solve the problem, they are seen as successful. If they can't, they're seen as lazy. |
Does neoliberalism see racism, sexism, homophobia, ableism, and classism as real issues? | no, these are all individual and private matters that need to be overcome by the individual |
Does neoliberalism think that racism, sexism, homophobia, ableism, and classism are current or past issues? | Past, they are rare and isolated incidents that are a thing of the past. |
Does neoliberalism see discrimination and inequity as structural issues? | No |
Neoliberalism is promoted as expanding economic growth for everyone. Is this actually the case in practice? | No, it has actually consolidated financial gains and power in the hands of those who are already very wealthy |
In practice, has neoliberalism actually followed through on limiting social/political control of government corporations? | No, because of privatization of prisons in the US, a small % of people in power have more money b/c of the for-profit system |
What is "neoliberal feminism"? | Privileged women representing feminism and neoliberal ideals while also reinforcing discrimination against marginalized women. |
Why is neoliberalism unrealistic in terms of gender and sexuality? | Neoliberalism expects people to fall into gender and sexuality norms, which are social constructs that limit individuality and freedom of expression. |
What are the three main schools of analysis on neoliberalism? | Neo-marxist, Neo-foucaultian, and State-transformation |
What is neo-marxist? | focus on upward redistribution of economic resources from poor and working classes to elites |
What is neo-foucaultian | Focus on neoliberalism as a cultural project in which market rationalities become embodied by self-regulated, self-responsibilized subjects |
What is state-transformation? | focus on neoliberalism as a mode of statecraft entailing a shift from the welfare state to the carceral state |