NEOLIBERALISM AND SOCIAL CHANGE IN THE GLOBAL WORLD

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.