The ethics of neoliberal governance paradigm: Some reflections
- 2013
- p.779-788.
- Oct-Dec
The relationship between the neoliberal paradigm of governance and its linkages with the growth strategy under globalization regime are two sides of the same coin and it is the agenda of neoliberalism to free capital from the clutches of the interventionist state. The growth strategy and governance paradigm of neoliberal globalization has eulogized 'greed' as a virtue to be emulated by everybody. The theoretical background of the ethics of the new governance paradigm, inter alia betrays a relation between the new paradigm of governance and the appropriation of the civil society by the market forces and the way that it has been transformed as an extended arm of the market friendly governance architecture. The article also provides an overview of the political economy of shift in India's governance architecture from the ethical values of social justice that could be found in the philosophical moorings of the Constitution of India to the ethics of free market economy. - Reproduced.