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Flashcards in Neoliberalism Deck (26)
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1

Deregulation:

he reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry

2

Individualism:

- less government involvement or intervention in the economy
- economic freedom, private ownership, competition etc.

3

Social production (discourse):

/

4

Truth vs truth:

- Truth: absolute, based on empirical evidence and objective reasons
- truth: wide-spread acceptance

5

Neoliberalism:

- new form of economic liberalism
- individual freedoms
- competition
- private property
- free markets
- as little government intervention and regulation as possible
- trickle down economics

6

Neoliberalists seek to privatize institutions such as...

- education
- health care
- social services

7

Neoliberalists seek to deregulate industries such as...

- energy
- communication
- food
- drugs
- finance

8

Why does George Manbiot argue that neoliberalism is the ideology at the root of all of our problems because:

- it reduces human relations to cold competitive battle
- it relegates individuals to being mere consumers
- it assumes that democracy is basically an exercise in the buying and selling of goods and services

9

Neoliberals suggest that the market is a ____ and ____ force that will solve all our problems if only we...

- natural
- objective
- leave it up to its own devices

10

The neoliberals assumption fails to acknowledge that the market is.... and what the market wants tends to mean...

- fraught with power relations
- what corporations and their bosses want

11

The end result of neoliberal ideology is that...

we are led to believe in the myth of the self-made person

12

Myth of the self-made person:

- rich persuade themselves that they acquired their wealth through merit ignoring the advantages that may have helped to secure it
- poor begin to blame themselves for their failures, even when they can do little to change their circumstances

13

Roll back neoliberalism:

- the active destruction or discreditation of Keynesian-welfarist and social-collectivist institutions
- retreat from previous governmental control of resources and state regulations
- privatization
- deregulation

14

Roll-out neoliberalism:

- reregulation
- marketization
- the purposeful construction and consolidation of neoliberalized state forms, modes of governance, and regulatory relations

15

Neoliberalism: increase:

- GDP
- entrepreneurialism

16

Neoliberalism: stimulate both ____ and _____.

- investment
- innovation

17

P3s:

- public-private partnerships
- a process in which the government facilitates the frameworks through which services are delivered rather than delivering them directly

18

P3s can be longer than...

any government term

19

P3s require ...

binding contracts (often drafted based on corporate expertise)

20

P3s are designed to ....

- protect the company from losses
- not to deliver the best product to the public

21

Today capitalism privatizes the ____ and socializes the ____.

- gains
- risks

22

The more that capital is successful in the struggle against ____, the greater its _____. The more the _____ succeed, the higher their ....

- labour
- profits
- labourers
- standard of living and the more options they have

23

The rights and protections you have today resulted from and are safeguarded not by ____ or even many ____.

- employers
- governments

24

Sport is built on the model that _____ is good and ____ _____ is what it takes to be successful.

- competition
- individual effort

25

Capitalism ignores the ____ barriers and widespread _____ of the system.

- structural
- perversions

26

Themes in capitalism/neoliberalism:

- wealth gap and wage-labour tension
- environmental issues
- decrease in union protection and union gains
- commodification and alienation