Responsible for most of the global economic problems Essay Example for Free

카테고리 없음 2020. 1. 25. 01:43

 Responsible for most of the global economic problems EssayNeo-liberalism is a political ideology that suggests that ‘human well-being can be advanced by the maximisation of entrepreneurial freedom, characterised by private property rights, individual liberty, free markets and free trade’ (Geografiskar, A 2006). In today’s modern society neo-liberalism is widespread around the globe with various stakeholders offering conflicting views.Some advocates, namely the capitalistic portion of society argue that a liberal market is essential for economic growth whilst others hold neo-liberalism responsible for the global economic problems we are experiencing today.     It is clear to many that the policies arising from this ideology have caused the poor to grow poorer and the rich to grow richer. Accordingly, this essay will argue that Neo-Liberalism greatly contributed greatly to today’s global economic problems and will shed light on the overriding reasons why a neo-liberalism is not ideal to foster a sustainable and healthy economic environment for all as the ideology proposes.

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