Neoliberalism Questions
Neoliberalism affects the welfare state by advocating for limited government intervention in the economy and promoting free market principles. Neoliberal policies prioritize individual responsibility and market competition, leading to reduced government spending on social welfare programs and deregulation of industries. This approach often results in the privatization of public services, such as healthcare and education, and the implementation of means-tested social assistance programs. Neoliberalism's emphasis on economic efficiency and individual choice can lead to a reduction in the scope and generosity of the welfare state, potentially impacting the provision of social safety nets and exacerbating inequality.