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Is neoliberalism the new colonialism

Updated: 11/8/2022
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IalamKharbithaigp060...

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βˆ™ 9y ago

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Some people seem to think so. In Mexico in the first year of NAFTA, wages declined 40 to 50% and the cost of living rose by 80%. Over 20,000 small and medium businesses eventually failed and more than 1,000 state-owned enterprises were privatized. One scholar said, "Neoliberalism means the neo-colonization of Latin America."

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Q: Is neoliberalism the new colonialism
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