How does neoliberalism view social mobility?

Neoliberalism Questions



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How does neoliberalism view social mobility?

Neoliberalism views social mobility as a key aspect of its ideology. It believes that individuals should have the opportunity to improve their social and economic status through their own efforts and abilities. Neoliberalism promotes the idea that a free market economy, with minimal government intervention, will create the conditions for upward social mobility. It argues that by reducing regulations and barriers to entry, individuals can compete fairly and succeed based on their merit. However, critics of neoliberalism argue that it often leads to increased inequality and limited social mobility, as it favors those with existing wealth and resources.