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a type of liberalism that favours a global free market, without government regulation, with businesses and industry controlled and run for profit by private owners. The economy has been reshaped by neoliberalism over recent decades.
Aug 5, 2022 · The word ‘neoliberal’ gets thrown around a lot, often with differing and even contradictory meanings. Here, a political economist explains the origins and evolution of this complex concept.
neoliberal: [noun] a liberal who de-emphasizes traditional liberal doctrines in order to seek progress by more pragmatic methods.
Definition of neoliberal adjective in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
Sep 6, 2022 · Neoliberalism’s proponents embraced classical liberal principles such as laissez-faire – the policy of not intervening in markets. By the 1970s, Keynesian policies were faltering. Hayek’s organization, the Mont Pelerin Society , had drawn wealthy European and American benefactors to its ranks and funded powerful think tanks such as the American Enterprise Institute and the Cato Institute .
The meaning of NEOLIBERAL is a liberal who de-emphasizes traditional liberal doctrines in order to seek progress by more pragmatic methods.
NEOLIBERAL meaning: 1. supporting a large amount of freedom for markets, with little government control or spending…. Learn more.
