Framing The World Through My Photographs
What is neoliberalism??
Neo – ‘New’
Liberalism – ‘is a political philosophy or worldview founded on ideas of liberty and equality.’
The oxford dictionary defines neo-liberalism as – ‘Relating to or denoting a modified form of liberalism tending to favour free-market capitalism.’
Whilst struggling to get my head around the term neoliberalism and researching into the term I found a link to an article on Storfiy called “What is neoliberalism” by Dag Einar Thorsen. The article discusses liberalism and neoliberalism as two separate entities, because of the broken down definition of the neoliberalism I hadn’t thought of them as being separate. Neoliberalism focus’ on having many free markets, schools and business ownership in the private sector. When researching I have come across terms I don’t fully understand therefore I have investigated these terms to understand better what the articles are trying to say.
Left Wings – Left wing beliefs are usually progressive in nature, they look to the future, aim to support those who cannot support themselves, are idealist and believe in equality. People who are left wing believe in taxation to redistribute opportunity and wealth – things like a national health service, and job seeker’s allowance are fundamentally left wing ideas. They believe in equality over the freedom to fail. In the UK the main left wing parties are the Labour Party and the Green Party. They believe in making laws that protect women, ethnic minorities, and gay people against discrimination. They believe that we should tax rich people more to support people less well off, and they believe we should regulate big businesses so they serve people’s interests. They believe that a good welfare system means people are healthier, more able to work, and will put more back into the economy. They also typically believe country-wide tax-funded action on climate change is necessary. (Supporting a welfare state) Right Wings – Right wing beliefs value tradition, they are about equity, survival of the fittest, and they believe in economic freedom. They typically believe that business shouldn’t be regulated, and that we should all look after ourselves. Right wing people tend believe they shouldn’t have to pay for someone else’s education or health service. They believe in freedom to succeed over equality.In the UK the main right wing parties are the Conservative (or Tory) Party, and UKIP (who focus on the UK not being a part of the European Union). They believe that if you have more money, you should get to keep it, and buy better education and health services for yourself. They believe that businesses should be less regulated, and that the more money they earn, they’ll bring more benefits to the country. (Supporting privatisation). (http://idontgetpolitics.co.uk/right-left-wing)
Thatcherism – Through some of the key reading there were references to Thatcherism. I was not fully aware of what Thatcherism was prior to this project, therefore I have had to research her theories in relation to neoliberalism. Thatcherism describes the social policy and the political style of Margret Thatcher who was Prime Minister from 1979 to 1990. Thatcherism claims to to promote low inflation, small state (Small government is government which minimizes its own activities) and free markets through tight control of money supply and privatisation. After conducting this research I have realised that that neoliberalism is very much right wing. Which is the idea that everybody should be ‘self-made’ and not live on state money and try to make the public less dependant on the welfare state.
I question whether a neoliberal state will work in todays Britain?