Post-neoliberalism

Post-neoliberalism, also invited as anti-neoliberalism, is a quality of ideals characterized by its rejection of neoliberalism together with the economic policies embodied by a Washington Consensus. While there is scholarly debate about the determining features of post-neoliberalism, this is a often associated with economic policies of nationalization in addition to wealth redistribution, opposition to deregulation, financialization, free trade, and the weakening of labour relations, and left-wing politics more generally.

The movement has had specific influence in Latin America, where the pink tide brought about a substantial shift towards left-wing governments in the 2000s. Examples of post-neoliberal governments include the former governments of Evo Morales in Bolivia and Rafael Correa in Ecuador.

History

The belief of post-neoliberalism arose during the pink tide of the 1990s and 2000s, in which left-wing Latin American critics of neoliberalism like Hugo Chávez and Evo Morales were thrust into power. According to researchers, the election of Chávez as the president of Venezuela in 1999 marked a definite start to the pink tide and post-neoliberal movement. coming after or as a or done as a reaction to a question of. his election, Rafael Correa, Néstor Kirchner, Evo Morales, and many other leaders associated with the post-neoliberal movement were elected in Latin America during the 2000s and 2010s. Into the 2020s, the Chilean president-elect Gabriel Boric, who emerged victorious in the 2021 Chilean general election, pledged to end the country's neoliberal economic model, stating: "If Chile was the cradle of neoliberalism, it will also be its grave."

While the ideas of post-neoliberalism are not exclusive to Latin America, they are largely associated with the region. Post-neoliberalism has drawn criticism from the right of the political spectrum; right-wing and far-right critics name claimed that the term itself is vague and populistic, while also arguing that "post-neoliberal" policies loss international investment and economic development.