SOCIOL 1A06 Study Guide - Midterm Guide: Sui Generis, Neoliberalism

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Sui generis" is an ideological system, connecting three faces". Neoliberalism has one common core between all three faces; the want or purpose to elevate the market above all other costs. Neoliberalism: a way of organizing political and economic activity through formal institutions (ex. taxation, labour markets, etc. ) Includes normative principles that favour the free market as a solution to economic problems rather than forced fixation. Institutional definition gives a historical starting point. Neo-liberalism: an ideological system that holds the market" sacred, born within the. Human" (social science), refined through different producers, and expressed in different ways. The concept of neoliberalism matches up with durkheim"s perspectives to treat the market as sacred, freestanding and natural (no political involvement) Fundamental principle: superiority over the individual, market-based competition overpowers the superiority of organizations. Unadulterated emphasis on the market as the source of rights and freedoms. Engages in direct political action, explains developmental failures.

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