Neoliberalism in Canada INTRODUCTION. Neoliberalism is a slippery contemporary term used to describe free market capitalism whose proponents believe first and foremost in an individual’s or a corporation’s rights to make profits. It is an outgrowth of the term liberalism, which is confusing because we associate liberalism with the promotion of enlightened individual rights and social wellness. Conversely, neoliberals are aggressive traders who feel government should not interfere with trade. This attitude is generally regarded to be prevalent among the Wall Street traders whose work caused the recession that Obama inherited at the beginning of his presidency. In the fairly recent past, different labels used to be enough to designate right...The end:
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