True, Neoliberalism and technology, while not the only forces driving globalism, have been its main propellers.
Neoliberalism is an ideology and a style of government that values free market competition. Although the characteristics of neoliberal ideology and practice are hotly contested, laissez-faire economics is most frequently linked to it. It is not a legitimate or just theory. Instead, neoliberals use a variety of moral arguments to defend their preferred institutions.
Modern usage of the term "neoliberalism" refers to market-oriented reform initiatives such "eliminating price controls, deregulating capital markets, lowering trade barriers," and "cutting state power in the economy," particularly through privatization and austerity measures.
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