Showcase of Undergraduate Research and Creative Endeavors (SOURCE)

Problems with Neoliberalism: Realistic Alternatives to Consider

This work analyzes neoliberalism focusing on its problems as both an ideology and an economic policy. Through a review of works by moral, political, and economic theorists. I argue that neoliberalism has contributed to many problems, including but not limited to economic inequality. I appeal to data that supports my contention that economic inequality creates barriers to the ten central human capabilities laid out in the capabilities approach developed by Martha Nussbaum and Amartya Sen. In addition to discussing neoliberalism and economic inequality, this paper compares alternatives to our current neoliberal economic order, seeking to determine what realistic alternatives to neoliberalism might be realized.