Diogenes
“ST. CYRIL AND ST. METHODIUS” UNIVERSITY OF VELIKO TARNOVO - UNIVERSITY PRESS

The Collapse of Neoliberal Utopia


Authors:
Vihren Bouzov St. Cyril and St. Methodius University of Veliko Tarnovo, Bulgaria

Pages: 9-33

Abstract:

The ongoing process of globalization has entailed growth of inequalities and injustice worldwide. Neoliberalism cannot be an adequate strategy in this process. As a development strategy it is unable to ensure normal functioning of a social system and just relationships between people. The neoliberal values claim to be an universal therapy for all economic and social diseases. But they are utopia that were scattered because of the mismatch between the social interests of the elites and the underprivileged people around the world. The outliving of the nation states, the free media, the neoliberal economic slogans and the global democracy are utopian projects that collapsed in the world today. Formulation and acceptance of new social values on the basis of communitarianism is a road leading to the finding of a way out of permanent crises and regional conflicts, to boosting up economic and social development.

Keywords:

globalization, neoliberalism, utopia

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