Capitalism in the Neoliberal Age: Insights and Criticisms

This course provides an in-depth exploration of capitalism, focusing on its evolution in the era of neoliberalism. We will examine the foundational principles of capitalism and trace its development through historical, economic, and political lenses. Central to our discussion is the rise of neoliberalism—an economic philosophy that advocates for reduced government intervention, free markets, and privatization. Throughout the course, we will delve into the key ideas behind neoliberal policies, how they have reshaped global economies, and their impact on inequality, labor, and the environment. In addition to understanding the mechanisms driving contemporary capitalism, we will critically assess the consequences of neoliberal reforms, including the growing concentration of wealth, economic instability, and the erosion of social safety nets. By the end of the course, students will have a comprehensive understanding of the neoliberal economic system, its influence on global politics, and the varied critiques it has faced. We will encourage a critical approach to understanding capitalism's role in shaping modern society, empowering students to engage in informed discussions and analyses of current economic trends.

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