Neo-Liberal Politics: Dichotomy of Political Self-determination and Economic Dispossession of Individual

Muzammil Ahad Dar, Khursheed Ahmad Wani

Abstract


In the neoliberal democratic order, society is governed by dual constitutions. The constitutional laws ensure the rights and liberty of an individual. However, the economic laws of the market nurture competition for economic self-sufficiency of an individual as a homo-economicus. The neo-liberal market laws are complimented by the constitutional laws that help the liberal elites to perpetuate dominance and decry the call for social justice demanded by the masses. The study humbly attempts to brief upon the dichotomy between the free market and the interests of individuals in the neoliberal order. The study thus explores the evolution and status of neo-liberalism to trace out the dynamics of the dichotomy between market and individual.


Keywords


Neoliberalism; Homo-economics; free market; Individual

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DOI: https://doi.org/10.33687/jsas.010.02.3840

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Journal of South Asian Studies
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