
When
Neoliberalism is explained we think of civil, political ideas, or maybe even
economics. But we don’t see all the best and worst of neoliberalism and how it
is a continuous cycle; how it became a big market throughout Latin American to
other countries as well. Most importantly was how neoliberalism made all this
progress in the different cities and countries. Even though it was worst for
many of the people who fell in debt they still continued with trading and
marketing. In 1980s to 1990s there where free trade, exports, production, and
comparative advantage. This became best for the different class as well. While
middle class is able to benefit from neoliberalism and how it became hard.
First before I get into the good and the worst of neoliberalism some big
organizations.
Another
important detail about neoliberalism is even though it is continuous does not
mean it can’t be approved in an article I was reading called “A primer on neoliberalism” by: Anup
Shah (2010) she talks on how
many people are being faced
with poverty and put In a lot of work making ways to better free trade with new
policies than more will be better for NAFTA
(1994) which was a big important
part for Latin American the NAFTA was made to make trade and jobs more easily
for countries Mexico, North America and the U.S. The
good that NAFTA was supposed to be but in the article “The Broken promise of NAFTA” By: Joseph E. Stiglitz; talks
about how Mexico benefited with NAFTA and how it has brought some good when
Stiglitz state out points he seems to point out the NAFTA has been working well
with countries that are a part colonization. Mexico and Brazil owed and there
has been a high rate of being in debt He also talks about how they need to focus on
the economics at risk of being in poverty and how the NAFTA did not meet up to
its expectations. Most importantly He focuses on what can be done to help
improve the NAFTA.
What I think
about neoliberalism it has had a big effect on Latin American and with other countries
coming together doing free trade more has been accomplished. Why I say it is
best because it is a big deal because many people had made a living with having
their own businesses. Time has change from how agricultural production was a
huge expansion from the past years now they have more factories. Small retails
shops. It had a good effect on middle class I can agree with some of these
trades because I am consider lower middle class and then I’m in school so it is
a struggle. Its prices are good or I will say they are good when there are sells
when taxes go up and they do the worst happens it effects people to spend more.
Neoliberalism can become a better system.
http://snde.rutgers.edu/Rutgers/Econ204/Readings/stiglitz_NAFTA_(2004).pdf
ReplyDeletehttp://www.globalissues.org/article/39/a-primer-on-neoliberalism
My references didn't show so here they are.