Neoliberal Transformation Process

A Neoliberal Transformation Process is a market-oriented systemic transformation process that replaces social democratic institutions with market mechanisms.

• AKA: Market Revolution Process, Neoliberal Turn Process.
• Context:
  • It can typically privatize Neoliberal Transformation Process Assets through neoliberal transformation process ownership transfer.
  • It can typically deregulate Neoliberal Transformation Process Markets via neoliberal transformation process rule elimination.
  • It can often reduce Neoliberal Transformation Process Taxes through neoliberal transformation process wealth concentration.
  • It can often weaken Neoliberal Transformation Process Unions via neoliberal transformation process labor law change.
  • ...
  • It can range from being a Gradual Neoliberal Transformation Process to being a Shock Therapy Neoliberal Transformation Process, depending on its neoliberal transformation process implementation pace.
  • It can range from being a Partial Neoliberal Transformation Process to being a Total Neoliberal Transformation Process, depending on its neoliberal transformation process scope.
  • It can range from being a Top-Down Neoliberal Transformation Process to being a Bottom-Up Neoliberal Transformation Process, depending on its neoliberal transformation process initiation source.
  • It can range from being a Voluntary Neoliberal Transformation Process to being a Imposed Neoliberal Transformation Process, depending on its neoliberal transformation process consent level.
  • ...
  • It can dismantle Public Services through neoliberal transformation process austerity measures.
  • It can financialize Real Economy via neoliberal transformation process speculation growth.
  • It can globalize Production Chains through neoliberal transformation process outsourcing.
  • ...
• Examples:
  • Anglo-American Neoliberal Transformation Processes, such as:
    • Reaganomics Neoliberal Transformation Process (1981-1989), implementing supply-side policy.
    • Thatcherite Neoliberal Transformation Process (1979-1990), conducting mass privatization.
    • New Zealand Neoliberal Transformation Process (1984-1993), pursuing radical deregulation.
  • Post-Communist Neoliberal Transformation Processes, such as:
    • Russian Shock Therapy Neoliberal Transformation Process (1990s), creating oligarchic capitalism.
    • Polish Neoliberal Transformation Process (1989-present), transitioning to market economy.
  • Developing World Neoliberal Transformation Processes, such as:
    • Chilean Neoliberal Transformation Process (1973-1990), following Chicago School doctrine.
    • Indian Neoliberal Transformation Process (1991-present), liberalizing controlled economy.
  • ...
• Counter-Examples:
  • Socialist Transformation Process, which expands public ownership and planning.
  • Social Democratic Reform Process, which strengthens welfare and regulation.
  • Developmentalist Policy Process, which uses state intervention for growth.
• See: Washington Consensus Framework, Structural Adjustment Process, Market Fundamentalism Ideology, Financialization Process.

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