Neoliberalism

Myths and Reality

Bibliographic Data

ID9200440
AuthorsMartin Hart-Landsberg, Martin Hart‐landsberg (corresponding author)
Year2006
Volume57
Issue11
Pages1
Publication date2006-04-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueMonthly Review (JOURNAL)
Journal identifiersISSN: 0027-0520 • E-ISSN: 0027-0520
PublisherMonthly Review Foundation (PUBLISHER)
DOI10.14452/mr-057-11-2006-04_1
OpenAlexW2086726389
LanguageEN
Citations received5
References cited1

Agreements like the North American Free Trade Agreement (NAFTA) and the World Trade Organization (WTO) have enhanced transnational capitalist power and profits at the cost of growing economic instability and deteriorating working and living conditions. Despite this reality, neoliberal claims that liberalization, deregulation, and privatization produce unrivaled benefits have been repeated so often that many working people accept them as unchallengeable truths. Thus, business and political leaders in the United States and other developed capitalist countries routinely defend their efforts to expand the WTO and secure new agreements like the Free Trade Area of the Americas (FTAA) as necessary to ensure a brighter future for the world's people, especially those living in povertyThis article can also be found at the Monthly Review website, where most recent articles are published in full.Click here to purchase a PDF version of this article at the Monthly Review website

Deregulation · Economics · Free trade · Hegemony · International trade · Liberalization · Market economy · Mythology · Neoliberalism (international relations) · Political economy · Political science · Politics · Power (physics) · World trade · Elite Sociology and Global Capitalism · History · Law · Political Economy and Marxism

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