Neoliberal Globalization

Overall Rating: star ratingstar ratingstar ratingstar ratingstar rating[0/5]Total Votes [  ]  
Rate this page:
Neoliberal Globalization is one of the main aspects of the modern day globalization. Neoliberalism Globalization is a cultural phenomenon, based on political and economic models.

The cultural form is accepted with the exploitation of the technologies and principles of Bio-Power. The process of globalization is based on modern technological changes like Fax, Internet, jet- impelled aviation, hi-tech transportation and data transmission. This gives rise to the existence of more interconnected economies with better communications, financial and trade network cutting national boundaries, as set up by the powerful corporate sectors.

Jim McGuigan, a sociologist, criticized the neo-liberal thought process and practice. In today's world, popular consciousness is under the aegis of neo-liberalism. Free trade zones are open for millions of products and services with a good proportion of them being cultural. With all forms of communication being treated as commodities, culture also becomes a commodity as well. In modern day world, culture is the combined experiences shared to give a new meaning to human life. Culture is being pulled inevitably into the media market to reframe it commercially. The culture of Neoliberalism is a separate form of culture and it is associated with the alert manipulation of the bio-political usage of the requirements of human consumption. This in turn defines the transformation of this neoliberal globalized culture creating new sanctions on different dimensions of the human psyche.

Another important aspect of the Neoliberal Globalization of the world order is the growing obliteration of the national, traditional, and spiritual consciousness. Apparently, this implies the eradication of the rigid societal norms and age-old religious mandates. Neoliberalism offers a replacement of these traditional values with new dynamic corporate ones, thereby resulting in the creation of an inevitable class of global bourgeoisie. This class shows their presence through the process of commercialization and free market choices. In the domain of media neoliberal influence is deeply implemented. There is the Washington Consensus - a Mass broadcast consensus, a Hollywood Consensus, and a European Union Consensus. All these have led to the emergence of the new class of liberal bourgeoisie. The entire public sector is neo-liberalized not only in cultural institutions but also in the domains of education. Public Education creates the new class of consumer, who is also the new liberal class. The international examinations like SAT and other Advanced Placement exams accelerate this process.

The Neoliberal Globalization is becoming unsustainable with more and more pressures on the psychological and social conceptions of societies, individuals, and communities. There exists inequality between existing generations, with the artificial complexities twisting the norms and forms of human relationships. This is turn is resulting into discontentment all over the world. One of the important groups propounding Neoliberal Globalization is the Globus, based in Netherlands, stated in the Berlin Conference in the year 1999, that to implement democracy in international level, the public should be more involved by giving them honest information and by considering carefully the suggestions of the citizens and NGOs. With the passing days, globalization is becoming a far reaching concept and the corporate doctrine so permeating that it is touching every aspect of human life. The Neoliberal Globalization is no longer a pure theory only, but in modern world today it has become causality in on the process itself. The scope of impact of the globalized neoliberal concept is so massive that today even its rejection is not without risk factors. One can perceive inevitable economic and social destabilization as it has set in the society.

Last Updated on 5/18/2011