Are Neoliberalism Policies Undermining Free and Democratic Societies?
Are Neoliberalism Policies Undermining Free and Democratic Societies?

Author(s): Danielle Araujo
Subject(s): Civil Society, Government/Political systems
Published by: Scientia Moralitas Research Institute
Keywords: neoliberalism; neoliberalism policies; democracy
Summary/Abstract: Neoliberalism is a term that has attracted a remarkable degree of frustration and fury within the academia. Its political ideology is associated with Wall Street greed, union-busting, deregulation, wage theft, privatization and exploitation. Critics claim it has been used as a weapon of the wealthy class to mask their true intentions. It removes decision-making out of popular hands and places decisions in the hands of unelected International Organizations, undoing democracy. The extreme inequalities and empowerment of capital that neoliberalism brings about, reduces human beings into market actors undermining the power and needs of the people. The main conclusion of the paper is that neoliberalism policies are a radicalizing threat to human potential and democracies in the 21st century.

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