Social & Economic inequality…education reform focus
When you look at the overall stability of countries around the world, one must question why some nations are more stable than others. Social and economic inequality are two main internal factors that determines the level of stability a country…
The Illusion of a Solution: The problematic approach to solving structural inequality
The dilemma of social and economic inequality has come to the forefront in recent years as it has increasingly affected growing numbers of Americans and Europeans. However, this problem is nothing new in places like Asia, Africa and especially Latin…
Mexico’s neoliberal reforms and income inequality
This week’s readings take into consideration the inequality and income distribution, as well as the neoliberal reforms that have taken place throughout Latin America. The effects of the neoliberal reforms in Mexico transitioned the economy from a public sector to…
Does that really reduce inequality? Examining the economic crisis in Venezuela
Inequality and the survival of democracy are thought to be inextricably linked. And, of course, politicians hoping to stay in power can mobilize the poor by making efforts to redistribute income. Yet, the case of Venezuela seems to suggest…
Proposal for a new idea to cure the issue of agency in Latin American education systems
For this week’s reading on Social and Economic Inequality, Francis Fukuyama analyzes the socioeconomic issues of Latin America, and recommends that “anyone earnestly interested in democracy in Latin America [should] formulate a serious social policy agenda—one that targets substantial resources…
Neoliberalism in Mexico
Neoliberalism can be viewed as an economic model through which a nation achieves economic growth. It is a system that believes in the power of free-markets and the minimization of government intervention in dealings with social and economic aspects of…
Social and Economic Inequality
Social inequity is an issue in almost every corner of the world. It often plays a huge role in the success of candidates in different elections and remains one of the most talked-about political issues. In some contexts, we separate…
Could Latin America Be the Next Sweden?
The reading for this week by Huber and Solt (2004) describes the success and failure of neoliberalism in Latin America. Huber and Solt use five main indicators to measure the growth regarding the development model. These measurements consist of growth,…
Context Matters: Assessing the Success of Neoliberal Policy
This week’s readings dealt with the impacts of neoliberalism on Latin American growth, development, and stability. Clearly, the pivot towards more open economic policy was an important turning point in the economic and political identity of Latin America. However, there…
Democracies Incentivising a State’s Wellbeing
Throughout this chapter, we are continuously reminded of the many fruits a democracy may bear, whether it be intentional or not. Focusing on the overall wellbeing of human life, Table 8.3 on page 225 clearly displays the infant mortality in…