Failure of neoliberalism in Latin America

Neoliberalism, an economic ideology that emerged in the 1980s, favors market liberalization, free trade, and limited government intervention and has come to dominate the global political-economic system even today. However, this hyper-capitalism has been criticized for favoring the wealthy exclusively and exacerbating inequality for the rest. One of the most quintessential case studies in examiningContinue reading “Failure of neoliberalism in Latin America”