Mon, 09/17/2007 - 17:51 — atnc
The main principle of neo-liberalism is to enforce governments worldwide to change their national laws and policies towards 'free market' implementation. Neo-liberalism pushes national governments to apply trade and capital liberation, deregulation, privatisation of state-owned companies and labour market liberalisation. The consequence is the emergence of the global labour market as a competitive arena for working people from all over the world to find jobs. Neo-liberalism encourages companies to relocate their production to cheaper labour sources and to adopt contractual and flexible working relationships, including outsourcing and home-based work. This rearranges the nature of working relationships, from permanent jobs to contractual and flexible jobs. These new working conditions also systematically cut workers earnings, smash working community and their family down, and bring poverty.