Definition of «neoliberal»

The term neoliberal refers to a political ideology that emphasizes free market economics, minimal government intervention in business and economic affairs, and individual responsibility for one's own success or failure. Neoliberals believe that the best way to promote economic growth is by reducing taxes and regulation on businesses, allowing them to operate freely without government interference. This ideology has been associated with conservative political parties and leaders who advocate for free trade, privatization of public services, and deregulation of industries.

Sentences with «neoliberal»

  • The political economy offers a general framework to understand the dominant architecture shaping the cultural field - namely Israel's military occupation and spatial reordering of the oPt and intensified processes of de-culturalization; the effects of neoliberal policies on the public sphere; the agenda - setting of foreign investment agendas; and the impact of globalized arts markets on the production, dissemination and reception of Palestinian culture. (ibraaz.org)
  • Others see in Trump's electoral victory the end of neoliberal economic policy, which promoted free trade and free markets, and limited the scope of government. (broadbentinstitute.ca)
  • With that context, our Nigerian friends fighting REDD projects can see that such projects are part of a push for market approaches to tackling climate change which is part of a larger still neoliberal agenda. (earthinbrackets.org)
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