Neoliberalism definition

nēō-lĭbər-ə-lĭzəm, -lĭbrə-
A political theory of the late 1900s holding that personal liberty is maximized by limiting government interference in the operation of free markets.
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A political movement that espouses economic liberalism as a means of promoting economic development and securing political liberty.
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Origin of neoliberalism

  • From neo- + liberal + -ism.

    From Wiktionary