Neoliberal Globalization, Income Inequality & Poverty By: Renaldo McKenzie
To what extent has neoliberal globalization affected the working class in the Americas, particularly in the Caribbean and the United States and how has it responded, in spite of capitalist structures, to avert retaliatory insurgencies to its power? Currently I am engaged in coursework that explores the concept and practice of neo-liberal globalization as a historical phenomenon beginning in the sixteenth century when capitalism replaced feudalism. My studies particularly while at Penn provided a dynamic and comprehensive approach within which to engage the subject matter. They provided a historical, political, economic, sociological, and anthropological approach to investigating neoliberal globalization’s effects on Jamaica. The experience throughout the research has led me to conclude that globalization is an old-age practice that has evolved in the form we know as neoliberalism today. But its aims and effects are always the same, to create greater wealth at lower costs. And this is d...