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Essay / CHANG AND MILANOVIC: NEO-LIBERAL FUNDAMENTALISM national economy to international and national markets. free market conservatism. In order to construct a critique of “neoliberal fundamentalism”, the two works of H. Chang and B. Milanovic will be analyzed. Chang's article presents a number of perspectives that clearly illustrate the negative aspects of this idealistic market. Now Developed Countries (NDCs) benefit from using such a market because it also forces developing countries to lower their own tariffs and allow foreign investment. As such, the market is open, giving CDNs greater access to cheaper products and further strengthening their own economy. The real question here is whether neoliberal fundamentalism actually produces a negative outcome for developing countries. Chang analyzes this question in his article “Kicking Away the Ladder.” He wonders why the NDCs that control development policy do not recommend the policies that have been used over the past centuries and which have allowed the NDCs to develop themselves? Overall, Chang wonders if the NDCs are trying to “bring down the ladder?” » Through his analysis, Chang concludes that this is in fact what is happening through the use of a neo-liberal fundamentalist system. While it may be true that some NDC policymakers believe their country has developed a laissez-faire system; However, whatever the intention behind this "kick of the scale", the fact remains that the economic growth promised by the implementation of the policies of the IDPE and the NDCs which control is...... middle of paper. ....policies were developed with the aim of preventing the growth of third world countries. However, while neoliberal fundamentalism is clearly portrayed negatively as a way for NDCs to open their markets to cheaper products, it is also important to understand that it might also be important to impose global economic domination Western countries. The facts suggest that the world's resources would be incapable of enabling the 5 billion people living in a state of relative poverty to reach the American standard of living. The Earth would effectively be emptied of its resources by the end of the century. Therefore, while it is clear that neoliberal fundamentalism was interpreted by the NDCs to maximize their own markets, it effectively prevented the growth of developing countries, which was what the NDCs suggested was their goal of putting implement these policies..
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