Organized abandonment is a defining feature of neoliberalism,122 a term that is widely used but not commonly defined. Generally speaking, it refers to economic and social policies that emerged under the U.S.-sponsored Pinochet dictatorship in Chile, and were popularized under the Reagan administration (“Reaganomics”) in the U.S. and Prime Minister Margaret Thatcher (“Thatcherism”) in the U.K. They are imposed on nations of the Global South by institutions such as the World Bank and International Monetary Fund as “structural adjustment programs.” Neoliberalism “serves as shorthand for shredding
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