Critical Analysis of the Evolving Process of Neoliberal Global Capitalism

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Author(s): José G. Vargas-Hernández (Instituto Tecnológico Mario Molina Unidad Zapopan, Mexico)and Patricia Calderón Campos (Tecnológico Nacional de México. Secretaria Académica de Investigación e Innovación, Mexico)
Copyright: 2022
Pages: 17
Source title: Handbook of Research on Emerging Business Models and the New World Economic Order
Source Author(s)/Editor(s): Jose Manuel Saiz-Alvarez (Catholic University of Avila, Spain, & Catholic University of Santiago de Guayaquil, Ecuador)
DOI: 10.4018/978-1-7998-7689-2.ch001

Keywords: Business and Organizational Research / Business Science Reference / Knowledge Management and Library Science / Organizational Development

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Abstract

This chapter aims to make a critical analysis of the evolving process of neoliberal capitalism globalization. It begins with the assumption that the neoliberal capitalism system is undergoing a mutation in the globalization processes as a dynamic element in continuous economic and financial crisis representing the development of the logic of capital based on the neoliberal ideology that promotes the free market. The evolving process of globalization is the history of international free trade framed by the classical liberal and neoliberal economic theory. The discussion focuses on a critical analysis of the paradigm of deglobalization as an alternative to the global capitalist regime that proposes local and regional economic protectionism solutions as an alternative to keep growing the national economies but still neglecting social justice and inequality inclusiveness and socio-ecological development.

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Critical Analysis of the Evolving Process of Neoliberal Global Capitalism

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