GLBL 210 Lecture Notes - Lecture 13: Economic Freedom, No Alternative, John Maynard Keynes
Document Summary
Word has become more common since the recession of 2009, but it has been used as economic policy since the 1980s. Reagan and thatcher were responsible for bringing neoliberalism to the world stage. Trans-pacific-partnership which obama was a big supporter for but trump decided not to be a part of. Greece, cyprus, iceland, and ireland have been in the news because of an economic crisis and questions about how to solve them. Flint, michigan water crisis where the water was privatized and they got water from the flint river where it was cheaper but polluted. Professor encourages students to see how much the language of the economy comes into your life. Neoliberalism is often considered synonymous with globalism. Earlier in the 20th century, if someone had supported neoliberalism they would have been considered insane. Milton friedman is considered the man who authored neoliberalism.