SOC 322LEC Lecture Notes - Lecture 29: Market Fundamentalism, Neoliberalism, Individual And Group Rights

• School: University at Buffalo
• Department: Sociology
• Course: SOC 322LEC
• Professor: Sarah Desai

Document Summary

Also seeks to transform culture and individual subjectivity. Emphasis placed on the individual as sole author of his or her fate and place in the world. Critics point to how neoliberalism future fragments society and alienates people from each other. Does not work as an economic strategy. We can spend the same amount on public hc as other nations but don"t have universal hc. This system is not a good example of a competitive marketplace. Fundamental argument that when the supply of a product exceeds the demand for it, prices should drop. Does not apply to medicine since doctors and hospitals effectively create their own demand and provide services at prices. Modern societies are characterized by a conflict between. Health reform is really about whether medical care is a right to all. Drs entituted to high incomes bc of difficult and high value place on obtaining necessary skills.