Neo liberalism after Covid 19 : Transformations of the market and the state
Jabri, Layla (2021)
Jabri, Layla
2021
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2021062416630
https://urn.fi/URN:NBN:fi:amk-2021062416630
Tiivistelmä
Neo liberalism is a mindset of approaches to the way state and market interact. It is an economic, social, and legal limitation of the states, where the only real engine of national and international economic development is the profit made within the free competition.
Since the 1990s, governments privatized public enterprises by entrusting the provision of basic social services to the private sector. Thus, stimulating the entrepreneurial spirit to provide a favorable business environment for a dynamic private sector and promote economic growth to make it easy for businesses to create jobs.
This global pandemic blatantly questions the disengagement toward the public sector. The corona virus highlighted the dramatic consequences resulting from the implementation of these neoliberal policies in the world. This research highlights the challenges that the state and the market are facing and questions whether this pandemic is a sign for a major change or not.
The theoretical framework gives some knowledge and an overall picture of the neoliberalism and how the state got involved in the pandemic and also the imminent impact on the market. The practical content of the work revolves around comparing the point of view of specialists in the field about the involvement of the state in the pandemic and if it’s time for a new version of capitalism.
The qualitative research part explores more the subject by interview with academic professionals to discuss the changes and potential outcomes of this pandemic, the market and state.
Since the 1990s, governments privatized public enterprises by entrusting the provision of basic social services to the private sector. Thus, stimulating the entrepreneurial spirit to provide a favorable business environment for a dynamic private sector and promote economic growth to make it easy for businesses to create jobs.
This global pandemic blatantly questions the disengagement toward the public sector. The corona virus highlighted the dramatic consequences resulting from the implementation of these neoliberal policies in the world. This research highlights the challenges that the state and the market are facing and questions whether this pandemic is a sign for a major change or not.
The theoretical framework gives some knowledge and an overall picture of the neoliberalism and how the state got involved in the pandemic and also the imminent impact on the market. The practical content of the work revolves around comparing the point of view of specialists in the field about the involvement of the state in the pandemic and if it’s time for a new version of capitalism.
The qualitative research part explores more the subject by interview with academic professionals to discuss the changes and potential outcomes of this pandemic, the market and state.