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Neoliberalism. Since the 1990's activists use the word 'neoliberalism' for global
market-liberalism ('capitalism') and for free-trade policies. ...
... Global anomie, dysnomie, and economic crime: Hidden consequences of neoliberalism
and globalization in Russia and around the world TRANSNATIONAL CRIME HAS ...
... Neoliberalism refers to a political-economic philosophy that has had major implications
for government policies beginning in the 1970's and has been ...
... of these programs, Chavez recently announced, form the basis of not only democracy
and equality in Venezuela and aid its struggle against neoliberalism and US ...
... Further fueled by the widespread of neoliberalism ideology in the 1980s, which rejects
positive government intervention in the economy, the role change of the ...
Submitted by Kushm on March 5, 2008
Category: Philosophy
Words: 3843 | Pages: 16
Views: 121
Popularity Rank: 86,884
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Since the 1990's activists use the word 'neoliberalism' for global market-liberalism ('capitalism') and for free-trade policies. In this sense, it is widely used in South America. 'Neoliberalism' is often used interchangeably with 'globalization'. But free markets and global free trade are not new, and this use of the word ignores developments in the advanced economies. The analysis here compares neoliberalism with its historical predecessors. Neoliberalism is not just economics: it is a social and moral philosophy, in some aspects qualitatively different from liberalism.
If Adam Smith returned and saw the more extreme aspects of neoliberalism, he would probably find them bizarre. Nevertheless, they derive from the ideas of early liberalism. The belief in the market, in market forces, has separated from the factual production of goods and services. It has become an end in itself, and this is one reason to speak of neoliberalism and not of liberalism.
A general characteristic of neoliberalism is the desire to intensify and expand the market, by increasing the number, frequency, repeatability, and formalization of transactions. The ultimate goal of neoliberalism is a universe where every action of every being is a market transaction, conducted in competition with every other being and influencing every other transaction, with transactions occurring in an infinitely short time, and repeated at an infinitely fast rate. It is no surprise that extreme forms of neoliberalism, and especially cyber-liberalism, overlap with semi-religious beliefs in the interconnectedness of the cosmos.
Neo Liberals believe in a new expansion in time and space of the market: although there has been a global-scale market economy for centuries, neoliberals find new areas of mercerization. This illustrates how neoliberalism differs from classic market liberalism. Adam Smith would not have believed that a free market was less of a free market, because the shops are closed...
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