Neoliberalism
Posted on Wed 30 June 2010 in General
Neoliberalism uses institutions such as WORLD BANK, and WORLD TRADE ORGANIZATIONS along with various treaties, to establish new forms of globally centralized control over far-thing resources. Attempting to integrate trading systems worldwide,Neoliberalism recognizes property rights regimes to reduce the power of national governments, labour unions and local communities over corporate activity.
Justifying neoliberalism is an ideology of "Efficiency" developed over decades, largely in the think-tanks, academic economics departments, international agencies and government ministries of US & EU. THe ideology resolves around the claim that society as a whole will benefit if it "makes the most" out of whatever stuff is available to it.