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Oligarchic Policies in Bulgaria and Their Public Legitimation


  • Ivka Tsakova

    (University of National and World Economy, Sofia, Bulgaria)


The content of the article refers to the period of “transition to a market economy and liberal democracy†in Bulgaria after 1989 and the unfolding oligarchization of politics under neoliberal capitalism. The problem posed in the title is clarified by applying the critical method derived from critical social theories (A. Gramsci, C. Crouch, D. Harvey, etc.). Based on working definitions of oligarchic power and oligarchic politics/policies, three ways for public legitimization of oligarchic policies in Bulgaria are outlined: a) redirection of public attention from interests to values; b) reaching a neoliberal consensus in the state, parties and civil society; c) oligarchic capture of the media through neoliberal propaganda.

Suggested Citation

  • Ivka Tsakova, 2021. "Oligarchic Policies in Bulgaria and Their Public Legitimation," Nauchni trudove, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 87-99, April.
  • Handle: RePEc:nwe:natrud:y:2021:i:2:p:87-99

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    Bulgarian transition; politics of oligarchy; oligarchic policies; neoliberalism;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • E71 - Macroeconomics and Monetary Economics - - Macro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on the Macro Economy
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State


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