Final answer:
Lumpen abuse refers to the exploitation of marginalized groups by multinational corporations in the context of globalization and neoliberalism. Globalized neoliberalism is an economic model that promotes privatization and free markets, often at the expense of developing countries and the environment.
Step-by-step explanation:
Lumpen Abuse: Lumpen abuse refers to the exploitation and mistreatment of marginalized groups by multinational corporations in the context of globalization and neoliberalism. These corporations prioritize profit over the well-being of people and the environment. They can exploit workers in developing nations by paying low wages and providing poor working conditions, thus perpetuating inequities and poverty.
Globalized Neoliberalism: Globalized neoliberalism is an economic model that promotes privatization and free markets, emphasizing reduced government intervention. It is characterized by policies advocated by institutions such as the World Bank, IMF, and WTO, which prioritize the interests of industrialized nations. Critics argue that this approach leads to unequal power dynamics, exploitation of developing countries, and environmental degradation.