Democracy, neoliberalism and the alternative

Abstract

In this paper author is dealing with the problem of democracy and neoliberal capitalism, through the prism of history; it explains the difference in certain socio-economic and political-economic systems. The concept of the neoliberal capitalist system that has been current for the last forty years has become unsustainable due to the enormous inequalities in the society that it has created. Therefore today, the rich are getting richer, while the poor are getting poorer. It has also been shown that without the economic intervention of a state, no economic system can survive. The growing protests throughout Europe and the world have prompted the author to consider the following questions' What are the alternatives to neoliberal capitalism? Why are Marxism and socialism always current when we talk about changing? Can we talk about socialism in the 21st century?

Keywords

• democracy
• neoliberalism
• socialism