neoliberalism

[ nee-oh-lib-er-uh-liz-uhm, -lib-ruh- ]

noun

1. a faction of the liberal political movement that strongly supports free-market capitalism as the means for societal and human progress.

neoliberalism

/ ˌniːəʊˈlɪbərəˌlɪzəm; -ˈlɪbrəˌlɪzəm /

noun

1. a modern politico-economic theory favouring free trade, privatization, minimal government intervention in business, reduced public expenditure on social services, etc

Derived Forms

• ˌneoˈliberal, adjectivenoun

Other Words From

• ne·o·lib·er·al adjective noun

Word History and Origins

Origin of neoliberalism¹

First recorded in 1895–1900; neo- + liberalism

Example Sentences

They were flesh-and-blood human beings, fallible like all of us, and nowhere were these imperfections more apparent than in their obeisance to neoliberalism — that is, free-market capitalism.

From Salon

"That is the difference between neoliberalism and our model, which we call Mexican Humanism."

From BBC

Similarly, Bill Clinton and Tony Blair represented the self-conscious rebranding of their respective center-left parties around an agenda of privatization, deregulation and globalization that we would now call neoliberalism.

From Salon

If you wanted to choose one individual as the face of “neoliberalism” for an encyclopedia entry, you could do a lot worse.

From Salon

It would be wrong for today’s faltering, formerly “mainline” Congregationalists, Presbyterians and other Protestants to displace onto today’s Israel their own discomfort about soulless neoliberalism or reactionary tribalism.

From Salon