NEOLIBERALISM AND SOCIAL CHANGE IN THE GLOBAL WORLD
NEOLIBERALISM AND SOCIAL CHANGE IN THE GLOBAL WORLD

Summary/Abstract: Neo-liberalism is an exploitery and a neo-imperial economic and political ideology, doctrine and technology of privatization and transformation of public goods into private ones. Under the influence of neo-liberalism, abolished was a Keynesian state and curbed was the state of welfare by which significantly was decreased the state area of social giving for education, science, culture, health and social protection. Neo-liberalism is opposed to the policy of full employment, state subventions, trade union and democratic rights. It insists on privatization, deregulation and decrease of salary, which leads to increase of unemployment and poverty, as well as the fall of the living standard. Global neo-liberal financial institutions have imposed on undeveloped countries the ”Washington Consensus” and “The program of structural adjustment” as imperative requirements for obtaining unfavorable loans and credits. In this way, they control national economies, they weaken and take away the sovereignty of a state, socially divide societies to ultra rich and poor, and therefore they strongly influence the total economic, political and social changes in societies.

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