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"Neoliberalism has brought more people out of poverty" How about just Economic Liberalism, and good governance, and not 'Neoliberalism'? Because the neolibera
by sonnyblarney 8y ago
"Neoliberalism has brought more people out of poverty"
How about just Economic Liberalism, and good governance, and not 'Neoliberalism'?
Because the neoliberals want government out of almost everything, so they can sell all those Africans Nike shoes for 50x the cost to be made.
In between the two arguments there's a fair point: China's growth can't be characterized as 'neoliberal' or else they would be a total open market! But there are strong capital controls, a politicized currency etc. etc. so it can't be called 'neoliberal'.
I think 'basic economic freedom' with 'intelligent governance' and possibly 'national strategies' in key areas like natural resources where it makes sense (i.e. Statoil in Norway) or education and healthcare where there is a dramatic need. And yes - even economic protectionism in certain areas.