NEOLIBERALIS
M
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assignment of neoliberalism neoliberalism, Assignments of Social Work
assignment of neoliberalism liberalism is connected with the shrinking Welfare State and the associated rejuvenation of “flexible” capitalism from the 1970s:
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NEOLIBERALIS
M
NEOLIBERALISM : OUTLINE
DEFINITION OF NEOLIBERALISM
HISTORY OF NEOLIBERALISM
CRITICAL ANALYSIS
NEOLIBERALISM IN THE PHILIPPINE
CONTEXT
DEFINITION
A. GLOBALIZATION
B. NEOLIBERALISM
WHAT IS GLOBALIZATION?
GLOBALIZATI ON
a process of interaction and integration among people, companies, and governments of different nations.
WHAT IS GLOBALIZATION?
ECONOMY
A defining feature of globalization, therefore, is an
international industrial and financial business
structure.
WHAT IS GLOBALIZATION?
This current wave of globalization has been
driven by policies that have opened economies domestically and internationally.
Many governments have adopted free-market
economic systems, vastly increasing their own productive potential and creating myriad new opportunities for international trade and investment.
WHAT IS NEOLIBERALISM?
NEOLIBERAL THEORY
A largely unregulated capitalist system not only embodies the
ideal of free individual choice but also achieves optimum economic
performance with respect to efficiency, economic growth, technical
progress, and distributional justice.
“The state is assigned a very limited economic role:
WHAT IS NEOLIBERALISM?
It is essentially about making trade
between nations easier.
It is about freer movement of goods, resources
and
enterprises to maximize profits and efficiency.
HISTORY
NEOLIBERALISM
HISTORY OF
NEOLIBERALISM
WHAT INSTITUTIONS WERE ESTABLISHED?
WHY THE NEOLIBERAL TURN?
America
Japan
WHY THE NEOLIBERAL
TURN?
Case 2: After the two world wars, the US emerged
dominant
in the global economy.
1950s: One third of world exports came from the U.S.
Theory: To ensure its dominance, the US restructured
the world economy through neo-liberal policies such
as deregulation and liberalization.
Deregulation: put simply, deregulation means limiting government control over market forces. Liberalization: The trade liberalization program invariably consists of the elimination of import quotas and the reduction and unification of tariffs.