HLST 1010 Lecture Notes - Lecture 5: Social Democracy, Neoliberalism
Document Summary
Chapter 3 takes a look at neo-liberalism, which is basically defined as capitalism. Therefore, one average citizen does not carry the same weight because corporations have the power to lobby and completely change the direction of a policy. The author also dwells into the idea of the different welfare-state regimes which are: social-democratic, Generally, people residing in a country that has a social-democratic regime thrive the most, and people in a country that runs a liberal regime, suffer the most.