Globalization and economics Debate over neoliberalism
Globalization and economics Debate over neoliberalism Neoliberalism is increasingly influential in last 40 years Benefits of neoliberalism (according to proponents): Order similar from A “flat world” Opening of countries to free trade creates more democratic political structures Negative consequences of neoliberalism (according to critics): Order similar from Increased inequality or income gap Job insecurity Economic markets can spiral out of control Mass migration for work Social world follows economics Order similar from