Neoliberalism and the Erosion of Democracy: Unveiling Authoritarian Tendencies and the Urgency for Economic and Political Rebalancing

ABSTRACT

The relationship between neoliberalism and democracy has been a topic of debate among scholars for decades. Neoliberalism, an economic and political ideology that emphasizes free markets, deregulation, and privatization, has gained global influence but has also been criticized for undermining democratic institutions. This article offers a critical perspective on the emergence of authoritarian neoliberalism and its impact on democratic governance in the 21st century. By examining the concentration of wealth and power, the erosion of public trust, and the privatization of essential services, this study sheds light on the challenges posed by neoliberalism and the need for policies that rebalance economic and political power.

KEYWORDS:

• Authoritarian neoliberalism
• corporations
• social justice
• democracy
• economic models

Acknowledgements

I extend my sincerest gratitude to the esteemed journal editors for their invaluable guidance and unwavering patience throughout the publication process. Additionally, I am deeply appreciative of the insightful feedback provided by two anonymous reviewers, whose constructive comments have undoubtedly enhanced the quality and depth of this manuscript.

Disclosure Statement

No potential conflict of interest was reported by the author(s).

Notes

1 See https://www.cbo.gov/publication/54097.

2 See https://www.opensecrets.org/lobby.

3 See https://www.sunrisemovement.org/green-new-deal.

4 See https://www.sunrisemovement.org/green-new-deal.

5 See https://blacklivesmatter.com/about.

Additional information

Notes on contributors

Burim Mexhuani

Burim Mexhuani, a scholar with a PhD in Political Sciences and International Relations, is a lecturer of political science at the University for Business and Technology (UBT) in Kosovo. Recognized for his profound understanding of political developments within the region, his scholarly contributions have garnered acclaim, as demonstrated by his publications in esteemed academic journals. He actively serves as an associate reviewer for several distinguished international journals, making significant contributions to the scholarly community.