How is neoliberalism shaping the domestic policy of nations?
Before we can discuss how neoliberalism shapes the domestic policy of nations it is important to know what neoliberalism is exactly. Neoliberalism is a policy model of social studies and economics that transfers control of economic factors from the public sector to the private sector. It takes bits and pieces from the basic principles of neoclassical economics. This suggests that government must limit subsidies, make changes to tax laws which would in turn expand the tax base. It would also suggest the government should reduce deficit spending, limit protectionism and open markets up to trade.
Logically speaking, just by looking at what was said earlier it is easy to see how neoliberalism would have an impact on not only domestic policy but also in foreign policy. Policies are formed to make something happen; to make some type of change. Government makes a policy plan, it either will have a positive impact or it will have a negative impact. Either way, there is an impact on the society one way or another. So in short, neoliberalism heavily impacts policy making because neoliberalism is practically a way of showing what is wanted by the people and or the government.
There are people who believe that neoliberalism in the United States is what gave us President Donald Trump. But because we live in the United States, I do not think it is better to touch on it as much, but the neoliberal impacts on policies is most commonly seem with economic policies.
Instead of looking at home examples, I want to look at the Middle East. In the Middle East, there has been a constant battle between Neoliberals and Neoconservatives. The ideas the neoliberals have caused nation-building in the Middle East. Neoliberalism in the Middle East has caused the lead to the start of the Israeli-Palestinian peace process. These both are policies that are internal to the Middle East that United States Republicans oppose. These policies are shaping the domestic policies of not just the Middle East. And those are not the only two policies that have been implicated due to neoliberalism. The role of the state and public sector is not to improve general welfare or ensure that social needs are met but they are there to make sure that the needs of the private sector are met. There are so many factors that go into policy making. It isn’t just what the policy makers want. A good portion of it should do with neoliberalism but to be nonexclusive, what neoliberalism and neo-conservatism wants and believes. It all depends on which side of the rock you are standing on. Neoliberalism has such a high impact on policies that from what I could find deal with economics. There is so much to be said about the battle of what needs to be done and what is wanted but that is politics. Regardless of what the personal beliefs may be, there is no denying that neoliberalism impacts the policies of every nation and countries and that even their domestic policies formed have an impact on other nations.