How would a critique of neoliberalism (favorable or hostile) define it?(1 point) Responses an effort to reduce barriers to international trade and investment an effort to reduce barriers to international trade and investment an effort to expand political democracy to areas that had dictatorships an effort to expand political democracy to areas that had dictatorships a government plan for economic development in relatively poor countries a government plan for economic development in relatively poor countries an effort to increase tolerance for religious, ethnic, and social diversity
An effort to reduce barriers to international trade and investment, promote free market capitalism, and prioritize individual economic freedoms over social welfare programs. It is seen as a form of economic globalization that benefits multinational corporations and the wealthy elite at the expense of the working class and marginalized communities. Critics argue that neoliberal policies lead to income inequality, social instability, environmental degradation, and the erosion of public services.
