So What is Neoliberalism all About?

Neoliberalism means:

–controlling the economy by shifting from the public sector to the private sector;

–the reduction of deficit spending;

–limiting subsidies;

–reforming tax law often by lowering taxes for the wealthy while spreading the tax base;

–opening up markets to trade and limiting protectionism;

—privatizing state-run businesses;

–encouraging de-regulation;

–holding private property as sacrosanct.

–representing the aims and views of the World bank coupled with the IMF/ECM