soc 101- notes 7- Fall 2013

Toacertainextentnationsthatareshiftingtowardneoliberal

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Unformatted text preview: tries (Greece, Spain, Portugal, etc.). The problem is that the bailout package comes with a contingency plan, or a “structural adjustment program,” in which the nation must adopt “austerity” measures in an attempt to appease the lenders. Austerity programs involve the cutting of social welfare programs, privatization, deregulation, etc. (essentially, the “neoliberal” agenda). Thus, the current global recession has...
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This note was uploaded on 01/15/2014 for the course SOC 101 taught by Professor Staff during the Fall '08 term at Glendale Community College.

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