Podcast
Questions and Answers
How does neoliberal economic theory propose to influence state involvement in the economy?
How does neoliberal economic theory propose to influence state involvement in the economy?
- By calling for a limitation of state intervention in the economy. (correct)
- By promoting complete state ownership of all economic resources.
- By advocating for increased state control over key industries.
- By mandating strict state regulations on international trade.
What economic concept is characterized by prioritizing supply and demand without state intervention?
What economic concept is characterized by prioritizing supply and demand without state intervention?
- Controlled economy
- Neoliberal free market (correct)
- Welfare state
- Command economy
What is implied about the relationship between humans and nature in a free-market context?
What is implied about the relationship between humans and nature in a free-market context?
- Nature is regarded as an entity to be exploited as an economic resource. (correct)
- Nature is considered untouchable and beyond economic considerations
- Nature is preserved through strict environmental protection laws.
- Nature is primarily valued for its aesthetic qualities and recreational potential.
What was Keynes's proposition regarding the state's role in the economy?
What was Keynes's proposition regarding the state's role in the economy?
What does increased consumption driven by rising wages lead to, according to the text?
What does increased consumption driven by rising wages lead to, according to the text?
In an economic system where both parties benefit, what kind of system is being described?
In an economic system where both parties benefit, what kind of system is being described?
What is a consequence of producing more goods than are needed in a capitalist system?
What is a consequence of producing more goods than are needed in a capitalist system?
What role does technology play in a consumerist society?
What role does technology play in a consumerist society?
What historical events led to the emergence of neoliberalism?
What historical events led to the emergence of neoliberalism?
What consumer behavior is characterized by buying more than what one needs?
What consumer behavior is characterized by buying more than what one needs?
Flashcards
Neoliberalism
Neoliberalism
Economic and political theory that proposes limiting state intervention in the economy.
Free market
Free market
Market where supply and demand are prioritized without state intervention.
Relation with nature
Relation with nature
Using nature to obtain economic resources
Salary and consumption
Salary and consumption
Signup and view all the flashcards
Free Market
Free Market
Signup and view all the flashcards
Capitalist system growth
Capitalist system growth
Signup and view all the flashcards
Consumerist
Consumerist
Signup and view all the flashcards
Technology in Consumerist practice
Technology in Consumerist practice
Signup and view all the flashcards
Study Notes
-
The theory of neoliberalism includes political and economic factors
-
Neoliberalism proposes limiting state intervention in the economy
-
Neoliberalism arose after World War I
-
Neoliberalism's purpose was to avoid economic catastrophes
-
The theory arose after the Great Depression in 1930
Free Market
- This is a neoliberal concept
- In a free market, supply and demand are prioritized
- The state doesn't intervene in a free market
Relation with nature
-
Nature is exploited and used like an economic resource
-
Keynes proposed the welfare state
-
There wasn't even an environmental policy
Salary and consumption
-
The increase in salary generates consumption and drives the demand for goods and services
-
Salary and consumption strengthen the economy
-
This is an economic system that benefits both parties
Growth of the capitalist system
- More goods were produces than necessary
- This led to a fall in prices and unemployment
Consumerist practice
- A consumerist practice involves consuming more than needed
Technology in consumerist practice
- Technology's central role is to facilitate services and products
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
