POLB91H3 Chapter 4: POLB91 – Haslam - Chapter 4
Document Summary
Instead, neoliberals thought that countries should institute measures that created favourable conditions for market led development: core tenets include, privatization of publicly owned enterprises, removal of tariffs and other bottlenecks that limit international free trade and foreign direct investment, a focus on primary commodity export led development strategy, w/emphasis on the comparative advantage of each country, rolling back the state through such strategies as downsizing the civil service, removing subsidies in sectors such as agriculture, cutting government social expenditure in education, water and health sectors, and devaluing local currencies. A theory/idea is considered to be hegemonic when it is taken for granted and assumed to be articulating the truth about a social reality: hegemony emerges through consent, which is when a dominant actor does not need to rely on force to get citizens to accept their visions of the good life, works through the representation of the visions or other projects of ruling elites in neutral and apolitical terms.
