Neoliberalism In Globalism And Globalization

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Neoliberalism is a political ideology that has become one of the dominant schools of thought in many modern countries, and has therefore become intricately woven into the globalization of society. Globalization is a broad term that refers to the increasing relations between different countries that spans all aspects of life, inclusive of social, political, and economic. It is this increasing sense that these relationships stretch across borders of specific countries that helps to create more global citizens as opposed to national citizens (Steger 15). With the governments of countries becoming increasingly involved with one another, and with neoliberalism being so present in these countries political ideologies, it makes sense that neoliberalism would play a vital role in current globalization. By examining some of the main tenants of neoliberalism philosophy, and through studying concrete examples, we can see how they have been influential in shaping modern routes of globalization, while also taking into consideration that this may not be inherently good by examining pushback. Neoliberalism is composed of many key traits that are characteristic of the ideology, and one of the most prominent is privatization (Harvey 71). Privatization is the selling or handing over of state-run industries to private organizations or corporations. This could include utilities, but an example of this can also be seen within welfare and the microfinance programs. Another aspect of neoliberalism
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