“neoliberalism” has also come into wide use in cultural studies to describe an internationally prevailing ideological paradigm that leads to social, cultural, and political practices and policies that use the language of markets, efficiency, consumer choice, transactional thinking and individual autonomy to shift risk from governments and corporations onto individuals and to extend this kind of market logic into the realm of social and affective relationships..
This is in contrast to an earlier reference, on the topic of system design posted on #24.06.10: methodologies for the design of soft systems for generations x, y & z *(reply b)
Smaller companies have been overlooked because of the perceived risk to delivery and long-term support, yet these smaller innovative companies have delivered cost-effective solutions for large commercial operations where cost constraints are more prevalent.
Highlighting the market driven shift, helping to maximise the role of private business sectors in determining economic and political priorities of the state, and to what extent these shifts are able to be commanded autonomy to a greater extent in future years, following recent news that government, dis-illusioned by approaches of the ‘big four’, are looking to franchising of government contracts.
Broadly speaking, neoliberalism seeks to transfer control of the economy from public to the private sector, under the belief that it will produce a more efficient government and improve the economic health of the nation.