Chapter 1: Globalization vs Neoliberalism Flashcards
1
Q
claims that a largely unregulated capitalist system not only embodies the ideal of free individual choice but also achieves optimum economic performance.
A
Neoliberal Theory
2
Q
Neoliberalism appears to be problematic as a dominant theory for?
A
contemporary capitalism
3
Q
an updated version of the classical liberal economic thought that was dominant in the US and UK prior to the Great Depression of the 1930s
A
Neoliberalism
