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Who's really crashing the economy? Ha-Joon Chang

Making Money

CHAPTER

Understanding Neoliberalism and Its Effects

This chapter explores the impact of neoliberalism on economics and society, emphasizing its role in shaping job security and democratic engagement. It critiques the prominence of neoclassical economic principles and the failures of trickle-down economics, highlighting the resulting income inequality. The discussion calls for a reevaluation of political and economic frameworks to foster genuine change in addressing the needs of everyday citizens.

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