Thursday, October 10, 2013

Dejavu of the best and the worst of Neoliberalism…

NAFTA Agreement — Stock Photo #11627470
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.

1 comment:

  1. http://snde.rutgers.edu/Rutgers/Econ204/Readings/stiglitz_NAFTA_(2004).pdf
    http://www.globalissues.org/article/39/a-primer-on-neoliberalism
    My references didn't show so here they are.

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