Understanding Neoliberalism

Who were some of the key figures associated with the popularization of Neoliberalism in the 1980s?

• Barack Obama and Angela Merkel

• Karl Marx and Friedrich Engels

• Ronald Reagan, Margaret Thatcher, and Milton Friedman

• John Maynard Keynes and Adam Smith

What do proponents of Neoliberalism believe about government interference in the market?

• It is necessary for social welfare

• It leads to waste and stagnation

• It enhances efficiency and growth

• It should be increased to regulate industries

What is a key belief of Neoliberal proponents regarding public services?

• They should be expanded by the government

• They should be free for all citizens

• They should be subject to market competition

• They should be heavily regulated

What do critics argue about the impact of Neoliberal policies on economic and social inequalities?

• They completely eliminate inequalities

• They exacerbate inequalities

• They have no impact on inequalities

• They help reduce inequalities

According to critics, what does Neoliberalism fail to address?

• Military expansion

• Global trade agreements

• Structural forms of violence and discrimination

• Technological innovation