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- Dictionaryneoliberal/ˌniːə(ʊ)ˈlɪb(ə)rəl/
adjective
- 1. favouring policies that promote free-market capitalism, deregulation, and reduction in government spending: "neoliberal economists"
noun
- 1. an advocate or supporter of free-market capitalism, deregulation, and reduction in government spending: "neoliberals believe that business is often overregulated and welfare is underregulated"
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Neoliberalism is a political philosophy and a term for the late-20th-century revival of free-market capitalism. It originated among European liberal scholars in the 1930s and emerged as a response to the failures of classical liberalism and Keynesian economics.
- What Is Neoliberalism?
- Understanding Neoliberalism
- Characteristics of Neoliberalism
- Liberalism vs. Neoliberalism
- The Bottom Line
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Neoliberalism is a policy model that encompasses both politics and economics. It favors private enterprise and seeks to transfer the control of economic factors from the government to the private sector. Many neoliberal policies concern the efficient functioning of free market capitalism and focus on limiting government spending, government regulat...
Neoliberalism is a political and economic philosophy that emphasizes free trade, deregulation, globalization, and a reduction in government spending. It's related to laissez-faire economics, a school of thought that prescribes minimal government interference in the economic issues of individuals and society. Laissez-faire economics is the philosoph...
Neoliberalism involves the belief that greater economic freedom leads to greater economic and social progress for individuals. It supports: 1. Free enterprise, competition, deregulation, and the importance of individual responsibility 2. Opposition to the expansion of government power, state welfare, inflation 3. Minimizing government control of in...
At its core, liberalism is a broad political philosophy. It holds liberty to a high standard and defines all social, economic, and political aspects of society, including the role of government. Neoliberalism is essentially an economic ideology. The policies of neoliberalism are more narrowly focused and are primarily concerned with markets and the...
Broadly speaking, neoliberalism is an economic policy stance that governments should take a limited role in economies and privatize many functions. Similar to other economic policy ideas and theories, there are advantages and disadvantages to neoliberalism.
Neoliberalism is a policy model that favors private enterprise and limits government intervention in the economy. Learn about its characteristics, history, criticisms, and how it differs from liberalism and libertarianism.
- Liz Manning
- 2 min
Neoliberal is an adjective or noun that describes someone who supports free markets, low government intervention and taxes. Learn more about the meaning, pronunciation and usage of neoliberal with examples from the Cambridge English Corpus.
Jul 28, 2021 · Neoliberalism is a policy model that favors free market capitalism, deregulation, privatization, and globalization. Learn about its history, key features, and challenges from this article.
- Robert Longley
Neoliberalism is the policy of supporting a large amount of freedom for markets, with little government control or spending, and low taxes. Learn more about the meaning, history, and criticisms of neoliberalism from Cambridge Dictionary.
A neoliberal is a liberal who seeks progress by more pragmatic methods, de-emphasizing traditional liberal doctrines. Learn the etymology, history, and examples of neoliberalism from Merriam-Webster dictionary.
Aug 5, 2022 · Neoliberalism is a political ideology that promotes free markets and limited government. Learn how it emerged from Austrian economists, how it influenced global policies and politics, and why it faces challenges and controversies.
