Neoliberalism Concept and Aesthetic Phenomenon

Neoliberalism and Aesthetic
Name
Institution
Neoliberalism
The concept of neoliberalism has been popular among various anthropological scholars over the last decade. The increased popularity of the concept has raised different reactions where some agree on the same aspect, and there are others who criticize the concept's developed aspects. As we continue to develop other aspects of our lives in the globalization era, anthropologist also continues to invoke the neoliberalism concept. This concept can be a cultural structure, an overarching economic or economic policy; also, it can be inclined to entrepreneurship, responsibility and self-improvement, particular attitude and competition. In general, the diverse use of the term is based on the reflection of linking large-scale political and economic formations to social actions, cultural phenomena and political formations of social actions which are observed in the course of the ethnographic research. Neoliberalism can be viewed in several ways. One way of conceptualizing neoliberalism is through putting it as a particular set of ideas on the economic policy. The notion is that the markets are the best avenues of distributing services and goods in the economy. However, these markets work best when the government is not intervening with them. The government should be protecting the individuals interacting in these markets and private properties.
Neoliberalism has gained a tone of critiques over the years; some say it is a victim of its success and hence the different probes of it meaning and usage. Some question if the phenomenon is responsible for the radical paradigmatic departure. Lately, scholars are concerned if neoliberalism is the technocratic fetishization of the market or is it the depoliticized of the same. Because of the above and other ambiguity, literature has found another controversial, crisis-ridden term and incoherent subject. The meaning of the term tends to be altered paper after paper. That in some aspects what it means and stands for is a bit confusing. There are underspecification and a perplexing mix of overreach.
According to Porters and Hoffman (2003), the Latin American countries can be used to explain neoliberalism feasibly. They observe that Latin America has in the last decade of the 20th century experienced great change. Most of these changes came after the country abandoned the autonomous industrialization and went for their own modified model that was open for global commerce and open competition. According to the researchers, neoliberalism was an actual throwback where Latin America region used to be part of the world economy by differential advantages accrued by them as producers of primary goods when they were importing technology and manufactured goods from the already developed countries.
In Latin American, societies are a perfect example of explaining the concept even though not satisfying the concept, as the long-term social patterns of stratification have not been fully studied. These societies seem to have not stayed impervious to the trending changes that occurred in the global trade and their productive organizations. Several researchers and international bodies have made efforts to track the journey of inequality and poverty in...