Neoliberal Globalisation

 Neoliberal globalisation was West’s response to multiple crises it faced late 70s and early 80s following, among other things, American defeat in Vietnam, the overthrow of the Shah in Iran, and working class agitation in the West. Today it is a discredited ideology, but it continues to bring havoc to vulnerable communities in the North as well as in the South, and to the global environment.