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Soc2602
ASSIGNMEMT 6
SEMESTER 2
ENIQUE NO
522292
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, SOC2602 Assignment 6 (COMPLETE ANSWERS)
Semester 2 2024 (522292) - DUE 24 September 2024
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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
Title: The Impact of Neo-Liberalism on Post-Apartheid South
Africa: Features, Economic and Political Effects
Introduction
Neo-liberalism, as a political and economic ideology, emerged
prominently in the 1970s, advocating for free-market capitalism,
deregulation, privatization, and a reduction in government spending.
This ideology became a cornerstone of modern capitalism and has had
profound implications worldwide, particularly in countries transitioning
from oppressive regimes to democratic governance. South Africa's post-
apartheid era offers a unique case study to examine the effects of neo-
liberal policies on its economic and social fabric. This essay discusses
the main features of neo-liberalism and explores its economic and
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