neoliberalism

American  

[nee-oh-lib-er-uh-liz-uhm, -lib-ruh-] / ˌni oʊˈlɪb ər əˌlɪz əm, -ˈlɪb rə- /

noun

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

---

neoliberalism British  

/ 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

Etymology

Origin of neoliberalism

First recorded in 1895–1900; neo- + liberalism

Example Sentences

The 20th-century culture business produced “profound” popular art even though its contracts were exploitative beyond the dreams of neoliberalism and its middlemen were often crooks.

From The Wall Street Journal

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

From Salon

Toscano writes in his preface that he does not “intend ‘late fascism’ to operate like an academic brand,” meaning a trendy label embraced as an all-purpose explanation, à la “neoliberalism,” “late capitalism” or “globalization.”

From Salon

His parallel claim about neoliberalism is more complicated.

From Salon

It seeks to challenge neoliberalism, corporate dominance and globalization of food systems.

From Salon