Neoliberalism as an Organising Principle for Society: Is There Really No Alernative?

Abstract

Neoliberalism is the dominant economic ideology in the world today. However, the Global Financial Crisis has undermined the logic of the neoliberal project. This research study will investigate the role of the Transnational Capitalist Class in legitimising neoliberalism as the organising principle for society. Through a content analysis of the events held at the World Economic Forum, indicators of trends of the maintenance and promotion of this ideology will emerge. These results will demonstrate how the Transnational Capitalist Class utilises its position to uphold neoliberalism via a global discourse espoused by the World Economic Forum. They further show how neoliberalism still retains its position as the dominant organising principle of the global economy. Its impacts on society at large as an organising principle will also be addressed.