What does neolibertism have to do with inequality?

Neoliberalism, characterized by free-market capitalism, deregulation, and reduced government intervention, often exacerbates inequality by prioritizing profit over social welfare. It tends to favor wealth accumulation among the elite while undermining public services and protections for lower-income populations. This approach can lead to a widening gap between the rich and poor, as economic benefits are concentrated in the hands of a few, leaving marginalized groups with fewer resources and opportunities. Consequently, neoliberal policies can perpetuate systemic inequalities both economically and socially.