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Neo-liberalism" is a set of economic policies that have become widespread during the last 25 years or so.Although the word is rarely heard in the United States you can clearly see the e!ects of neo-liberalism here as

the rich grow richer and the poor grow poorer

8/17/2019 Ker Pean

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 he main points of neo-liberalism include#

$. THE RULE OF THE MARKET. %iberating "free" enterprise or private enterprise from any bonds

imposed by the government &the state' no matter how much social damage this causes. (reater

openness to international trade and investment as in NA)A. *educe wages by de-unioni+ing wor,ers

and eliminating wor,ers rights that had been won over many years of struggle. No more price

controls. All in all total freedom of movement for capital goods and services. o convince us this isgood for us they say "an unregulated mar,et is the best way to increase economic growth which will

ultimately benet everyone." /ts li,e *eagans "supply-side" and "tric,le-down" economics -- but

somehow the wealth didnt tric,le down very much.

2. CUTTING PUBLIC EXPENDITURE FOR SOCIAL SERVICES li,e education and health care.

*01U/N( 30 SA)04-N0 )* 30 6* and even maintenance of roads bridges water supply --

again in the name of reducing governments role. f course they dont oppose government subsidies

and ta7 benets for business.

8. DEREGULATION. *educe government regulation of everything that could diminsh prots including

protecting the environmentand safety on the 9ob.

:. PRIVATIZATION. Sell state-owned enterprises goods and services to private investors. his includes

ban,s ,ey industries railroads toll highways electricity schools hospitals and even fresh water.

Although usually done in the name of greater e;ciency which is often needed privati+ation hasmainly had the e!ect of concentrating wealth even more in a few hands and ma,ing the public pay

even more for its needs.

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