Wednesday, May 16, 2018

Globelization and neo liberalism-2

Globelization and neo liberalism-2




Globelization is the result of connecting the whole world in to unity of network in which human activities are not dependant on the place of his living or any other factors .In the study of features of globelization, the freedom of economy and other many of issues are the key factors of affection in international scale.Apart of free economy system , the technology of production, information technology, communication technology as well as the revolution of transport methodologies were broadly useful in the creation of globelization process.But one of above facts are not related  directly with globelization.The technological revolution and new inventions all over the world made those changes .

The technological development is not defined by neo liberalism and it is not connected directly with economic stratergies of neo liberalism.Although the economic and financial aspects of various countries set free  of it's various scales of boundaries , the main and key fact is the effective and efficient bilateral and multi lateral  compromisation in  two of distant global ends , is technological revolution.



Apart of the internet as a communication technology  which helps in the operation of many economic aspects,it would be unable to make many of fruitful outcomes of free economic system.The globelization means economic freedom and its operational technology.So that the globelazation is not merely liberalism.Essan Cubier defines the attempt of some economists to introduce the globelization and new liberalism as a single process, is a narrow definition of globelization on the aspects of neo liberalism by neo liberalists themselves.In such way , the philosophers of neo liberal market spread above concepts in the purpose of grabbing globelization concept for their gains.In past few decades neo liberal economic policies became the philosophy which guides the capitalism.

While It was becoming the potential force of international economy, neo liberalists wanted to emphasis that mechanism as a neo liberal globalization.Neo liberalism usually take in to consideration only on economic issues  of globelization.If it considers about cultural, environmental , geological , political and psychological issues , those are treated to have secondary value and not be prioritized.



Definitely ,  Because neo liberalists defines the globelizaation as a sole mechanism of economic process, they does  not likely to see the difference between globelization and liberalism.

Neo liberalism is only one of many facts that has been caused to make the globelization process.It emphasis the trade, money, public and productive factors should be managed  freely devoid of any boundaries.anyone is unable to describe the neo liberalism and globelization as a two of same concepts or concluded to  a same goal.There are a lot of issues included to the hypothesis of globelization concept.Recent development and changes of cultural, geological, political, sociological and psychological issues that is relevant to human kind are the inclusions of the globelization process.So that , in the limited view of  the globelization concept takes it as similar to global neo liberal concept.

In the attempt for the discription of the relationship between globelization and neo liberalism, one of new concept  which is recently considered is neoliberal globelization.It represents the significant changes  of economic rehabilitation called neo liberalism caused the global economic process .Apart of that , recently widely used term is the concept of  neoliberal economic globelization which attempts to identify the specific economic changes within the concept of globelization process.


In the attempt to analyse the relationship between neo liberalism and globelization  by various specialists , above types of various concepts have been represented.But the globelization does not merely mean the economic process.In the  past decades, not only economic context but also , all relevant spheres of human development have been changed.As an example, human behaviours are globelized by socio -cultural globelization processes.The famous examples of Michael Jacson music world and the culture of Coca cola makes the human to globelize not only in economic prospects but also in socio cultural prospects.

With the evolution of the pattern of the consumption and likes , dislikes on desires ,  the texture on which   the changes are connected with the  whole world makes it clear that globelization is not merely a economic process.


Its almost looks likes the two sides of same coin according to some experts. But Kubier says that if globelization is the whole coin , neoliberalism is its impressed value mark of figure.It means the neo liberalism is one of the important aspect of many of features of globelization.

The sinhala translation of නව ලිබරල්කරණය සහ ගෝලීයකරණය 

Author : The famous professor of department of economy in university of kelaniya

Anuradha Senarathna



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