User:Ccharlt1/sandbox

Neo-Liberalism
Neo-liberalism includes deregulation, free market capitalism, and aims at reducing government spending. These Neo-liberal policies greatly affect environmental sociology. Since Neo-liberalism includes deregulation and essentially less government involvement, this leads to the commodification and privatization of unowned, state-owned, or common property resources. This results in payments for environmental services; deregulation and cuts in public expenditure for environmental management; the opening up of trade and investment; and transfer of environmental management to local or nongovernmental institutions. The privatization of these resources have impacts on society, the economy, and to the environment. An example that has greatly affected society is the privatization of water.