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Flashcards in Neoliberalism Deck (26)
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1
Q

Deregulation:

A

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

2
Q

Individualism:

A
  • less government involvement or intervention in the economy
  • economic freedom, private ownership, competition etc.
3
Q

Social production (discourse):

A

/

4
Q

Truth vs truth:

A
  • Truth: absolute, based on empirical evidence and objective reasons
  • truth: wide-spread acceptance
5
Q

Neoliberalism:

A
  • new form of economic liberalism
  • individual freedoms
  • competition
  • private property
  • free markets
  • as little government intervention and regulation as possible
  • trickle down economics
6
Q

Neoliberalists seek to privatize institutions such as…

A
  • education
  • health care
  • social services
7
Q

Neoliberalists seek to deregulate industries such as…

A
  • energy
  • communication
  • food
  • drugs
  • finance
8
Q

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

A
  • 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
Q

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

A
  • natural
  • objective
  • leave it up to its own devices
10
Q

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

A
  • fraught with power relations

- what corporations and their bosses want

11
Q

The end result of neoliberal ideology is that…

A

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

12
Q

Myth of the self-made person:

A
  • 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
Q

Roll back neoliberalism:

A
  • 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
Q

Roll-out neoliberalism:

A
  • reregulation
  • marketization
  • the purposeful construction and consolidation of neoliberalized state forms, modes of governance, and regulatory relations
15
Q

Neoliberalism: increase:

A
  • GDP

- entrepreneurialism

16
Q

Neoliberalism: stimulate both ____ and _____.

A
  • investment

- innovation

17
Q

P3s:

A
  • public-private partnerships
  • a process in which the government facilitates the frameworks through which services are delivered rather than delivering them directly
18
Q

P3s can be longer than…

A

any government term

19
Q

P3s require …

A

binding contracts (often drafted based on corporate expertise)

20
Q

P3s are designed to ….

A
  • protect the company from losses

- not to deliver the best product to the public

21
Q

Today capitalism privatizes the ____ and socializes the ____.

A
  • gains

- risks

22
Q

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

A
  • labour
  • profits
  • labourers
  • standard of living and the more options they have
23
Q

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

A
  • employers

- governments

24
Q

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

A
  • competition

- individual effort

25
Q

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

A
  • structural

- perversions

26
Q

Themes in capitalism/neoliberalism:

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