Neoliberalism is responsible for most of the economic problems we are experiencing today. This paper concurs with the argument. Ideally, neoliberalism refers to a new form of liberalism. Neoliberalism was popularized in the 1930s with the intention of deregulating markets. It essentially refers to the reduction of government action in the market. This leads to free enterprise where private players are let to determine their own destiny with minimum government involvement. Ideally, markets need an amount of regulation and the consequential deregulation has seen a stretch that is too thin than what implementers bargained for. This paper seeks to argue that ...
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