Saturday, July 15, 2017

Why is neoliberalism back in Latin America? | Business & Economy

Even though it is a taboo word to many, neoliberalism is not good or bad in itself. Rather, it is a means to an end. The state is purposefully reduced in its scope of action to a minimum – by way of policies associated with fiscal austerity, financial deregulation, free trade and the privatisation of public assets, among others – so nothing can prevent the market and its profit-oriented agents

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