June 27, 2016

Word; Neoliberalism

Yes Magazine

Neoliberalism, a term that is only now becoming widespread in progressive circles, refers to a set of policies that advances the interests of transnational corporations over small and local businesses, and over workers and communities. These include trade agreements like the TPP; the privatization of public resources like water, schools, social services, and transportation; and cuts in environmental and safety regulations. Tax breaks for the wealthy and corporations force governments into austerity spending, starving local and national budgets.

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