CAPITALISM AND NEOLIBERALISM IN PARASITE
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11 Terms
What is the essential feature of capitalism?
To make profit.
What ownership do capitalists believe in?
PRIVATE ownership, all profit made by owners go to owners.
Blurt out what capitalists stand for.
Free market, private ownership, true capitalism is freedom of consumer choice, competition drives profit.
Blurt out the neoliberal policies.
Free trade, tax cuts, Reagan’s trickle down economics, privatisation, removing the government.
When did liberalism come around, and what did it stand for?
Emerged in the 18th/19th centuries, favouring a liassez-faire approach, limiting government intervention.
What years is neoliberalism associated with and what elections?
Associated with the 80’s and election of right wing governments who blamed 70’s stagflation.
By reducing government intervention, what do neoliberals believe would happen?
Economic prosperity
Note 
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