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View Diary: What is Neoliberalism? (158 comments)

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  •  Neoliberalism seems to go a bit futher (5+ / 0-)

    than just conservative classical economics. It is also tied to the free trade commitment of 19th C British Liberals. In the present era there has been a coherent movement linked to the process of globalization and the liberalization of markets. The IMF has been the focal point of enforcement. It has led to the shifting of manufacturing to low wage countries and shifting the agricultural economies of third world countries to production for export at the expense of feeding the local populace.

    In the US and the UK there has been a long standing cross party leadership consensus in support of the sort of free trade agreements that support and implement this philosophy.  

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