How big corporations took over Western governments
Geopolitical Economy Report
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The Evolution and Power Dynamics of Neoliberalism
This chapter explores how neoliberal policies favored big corporations by reducing government intervention in the economy while relying on state support behind the scenes. It discusses the historical trends of neoliberalism over several decades, emphasizing how policies have consistently prioritized capital over social welfare. The chapter also scrutinizes how government stimulus packages during the pandemic ultimately benefit wealthy capitalists and the financial elite, perpetuating economic inequality.
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