SOC2602 Assignment
6 (COMPLETE
ANSWERS) Semester 2
2024 (522292) - DUE 24
September 2024 ;
100% TRUSTED
Complete, trusted
solutions and
explanations.
ADMIN
[COMPANY NAME]
, SOC2602 Assignment 6 (COMPLETE ANSWERS)
Semester 2 2024 (522292) - DUE 24 September 2024 ; 100%
TRUSTED Complete, trusted solutions and explanations.
Neo-liberalism is a political and economic ideology which
emerged in the 1970s and is considered as a cornerstone of
modern capitalism. In post-apartheid South Africa,
neoliberalism has had profound effects on the country, most
notably creating a divide between the ‘haves’ and ‘have-nots’
and high rates of poverty, unemployment and inequality (Study
Guide, 2018). Topic: Write an essay in which you discuss the
main features of neo-liberalism and the economic and political
effects of neo-liberalism in post- apartheid South Africa. In your
discussion, touch on the issues of poverty, inequality and
unemployment
The Effects of Neoliberalism in Post-Apartheid South Africa
Neoliberalism, a political and economic ideology that gained
prominence in the 1970s, advocates for free-market capitalism,
deregulation, and reduced government intervention in the
economy. In the context of post-apartheid South Africa,
neoliberal policies have significantly influenced the nation’s
socio-economic landscape, deepening existing divides and
exacerbating issues of poverty, inequality, and unemployment.
Main Features of Neoliberalism
At its core, neoliberalism emphasizes the following key features: