Neoliberalism Questions
The neoliberal approach to economic inequality is based on the belief that free markets and limited government intervention are the most effective means to address inequality. Neoliberals argue that by promoting economic growth and individual freedom, wealth will eventually trickle down to all members of society. They advocate for policies such as deregulation, privatization, and free trade, which they believe will create a more efficient and prosperous economy, benefiting everyone. However, critics argue that this approach often exacerbates inequality by concentrating wealth and power in the hands of a few, while neglecting the needs of marginalized groups.