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neoliberal

neoliberal

10 7.4
Supporting free markets and less government control of the economy
  • adjective
  • /ˌniːoʊˈlɪbərəl/
  • Specialized
translation icon : neoliberal
  • The government implemented neoliberal reforms aimed at deregulating industries and promoting free-market competition.
  • neoliberal policy
  • neoliberal reform
  • neoliberal model

This is what what sometimes gets called neoliberal privatization.

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Examples

  • Living conditions for many have deteriorated in the last several decades of neoliberal policies.

    Academic text (2008)
  • A second major component of neoliberal policies has been "free trade" agreements.

    Academic text (2008)
  • In the United States, Chile served as a model for neoliberal reform.

    Academic text (1999)
  • The author presents an overview of neoliberal globalization, its critics, and proposed policy alternatives.

    Academic text (2008)
  • Two of the main embodiments of neoliberal principles have been "structural adjustment" policies and "free trade" agreements.

    Academic text (2008)
  • The literature on economic restructuring and the neoliberal policies that have replaced the ISI model is also substantial.

    Academic text (1999)
  • Even to raise these questions is to highlight the formidable obstacles to successful neoliberal restructuring.

    Academic text (1991)
  • Democratization in the era of neoliberal reform has left labor less space than earlier waves of democratization permitted.

    Academic text (1999)
  • Many economists argue that neoliberal policies have increased inequality in society.

  • Critics claim that neoliberal approaches prioritize corporate profits over social welfare.

Antonyms

17 7.0

A government policy that helps local businesses by making foreign goods more expensive or limiting imports

Government actions that change the economy to reach certain goals

Compounds

neoliberal policy
  • Specialized
1 7.0

An economic plan that favors free markets, selling government services, and fewer rules

How Market-Oriented

laissez-faire
  • Formal
7 8.7
neoliberal
  • Specialized
10 7.4

Surface Forms

neoliberal positive

Morphology

neoliberal = liberal (semi-transparent) = neo + liberal

Formally 'neo-' + 'liberal' is clear, but the term refers to a specialized political-economic ideology that may not be fully inferable by all learners.

Etymology

Neoliberal comes from neo- ('new') and liberal (from a word meaning 'free', like in 'liberty'). So neoliberal describes a 'new' kind of liberal idea that favors free markets, less regulation, and smaller government.