neoliberalism

Meanings

• noun

  A political and economic theory advocating for minimal government intervention in the economy and free markets.

  - "Neoliberalism became popular in the late 20th century."
  - "The neoliberal economic policies led to increased wealth inequality."

• noun

  The ideology that supports the expansion of individual freedom and capitalist markets.

  - "The neoliberal revolution transformed the global economy."
  - "Critics argue that neoliberalism prioritizes economic growth over social welfare."

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Synonyms

economic rationalism , market liberalism

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Variants

List of all variants of neoliberalism that leads to same result
neoliberal , neoliberalism , neoliberalisms , neoliberals

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Etymology

origin and the way in which meanings have changed throughout history.

Neoliberalism is a term that emerged in the late 20th century to describe the revival of classical liberal economic and political ideas.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. Neoliberalism gained popularity in the late 20th century after the collapse of communism.

2. The term 'neoliberalism' was first used in the 1930s but gained widespread usage in the 1980s.

3. Neoliberal economic policies have been implemented in countries around the world, including Chile, New Zealand, and the United Kingdom.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Classical liberalism: Neoliberalism is often considered an extension of classical liberal economic and political ideas.

2. Capitalism: Neoliberalism advocates for a free market economic system.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Neoliberalism has been a subject of intense debate in literature, art, and politics. It has been critiqued for its potential negative impact on social cohesion and income inequality.

How to Memorize "neoliberalism"

1. visualize
   

   - Imagine a free market economy with minimal government intervention.
   - Visualize the expansion of individual freedom and economic growth under neoliberalism.

2. associate
   

   - Associate neoliberalism with the expansion of individual freedom and free markets.
   - Link neoliberalism to the revival of classical liberal economic and political ideas.

3. mnemonics
   

   - Use the mnemonic 'Neoliberalism: New Economic Liberty' to remember the meaning of the term.
   - Create a mental image of a 'free market elephant' to represent neoliberalism.

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