neoliberalism

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English[edit]

Etymology[edit]

From neo- +‎ liberalism.

Noun[edit]

neoliberalism (countable and uncountable, plural neoliberalisms)

  1. A political ideology or ideological trend based on neoclassical economics that espouses economic liberalism, favouring trade liberalisation, financial deregulation, a small government, privatisation and liberalisation of government businesses, passive antitrust enforcement, accepting greater economic inequality and disfavouring unionisation.
  2. (US) The ideology associated with the New Democrats and the Democratic Leadership Council.

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