neoliberal

[nee-oh-lib-er-uhl, -lib-ruhl]

adjective

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

   The criticism of neoliberal policies among more left-leaning scholars has been going on for years.

noun

1. a person who is politically liberal and strongly supports free-market capitalism as the means for societal and human progress.

   She was a popular candidate with neoliberals.

Word History and Origins

Origin of neoliberal¹

First recorded in 1895–1900; neo- ( def. ) + liberal ( def. )