mean lowering wages and benefits and securing tax breaks and subsidies.

5. GLOBALIZATION: Under the integration model of markets over state, finance capitalism in its present parasitic phase has been substantially strengthened by the World Trade Organization (WTO), International Monetary Fund, North American Free Trade Agreement (NAFTA), Asia Pacific Economic Cooperation, and European Union that has been adopting neo-liberal policies in the last two years, and a host of regional trade blocs as well as the European Central Bank, World Bank, and other international financial institutions. The ultimate goal of globalization is a well-integrated and homogenized economy that makes it easier for the process of capital accumulation.

6. HOMOGENIZED POLITICAL PARTIES: Neo-liberalism as a phase of contemporary capitalism projects the impression that political parties from center-left to right-wing represent optionsthe basis of the Western value system in pluralistic societies since the Enlightenment, then neo-liberalism has been undercutting the human rights values system. Neo-liebralism assumes there is an inherent wisdom of the market, just as Adam Smith assumed there was an invisible hand guiding it. Moreover, the neo-liberal value system assumes that the collective welfare must be subordinated to the marketplace and must not stand as an obstacle to its progress.

In society, the individual is defined in a utilitarian manner as a worker who must subordinate to the rules of the evolving marketplace and as a consumer who has the right to demand quality products and services. Under neo-liberalism, civic values and human rights as part of the collective community are only acceptable if they are not obstacles