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

Other Word Forms

• neoliberal adjective

Word History and Origins

Origin of neoliberalism¹

First recorded in 1895–1900; neo- + liberalism

Example Sentences

Though quick thinking stabilized global markets, the crisis exposed neoliberalism’s core inequality.

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While he was combative and highly ideological, railing for hours at his news conferences against neoliberalism and the “power mafia” that he said long controlled Mexico, Sheinbaum has embraced a more diplomatic tone.

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Call that faith neoliberalism, call it liberal democracy, call it the Washington consensus or the postwar order or what you will.

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Is neoliberalism back from its remarkably brief and partial ideological exile, under the inspiring and all-unifying banner of not being quite as bad as Trump?

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In large part, it was the white working-class—- “Reagan Democrats”—- who ratified the first wave of the neoliberalism that their children and grandchildren now decry.

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