NEOLIBERALISM
neoliberalism
(noun) a political orientation originating in the 1960s; blends liberal political views with an emphasis on economic growth
Source: WordNet® 3.1
Etymology
Noun
neoliberalism (countable and uncountable, plural neoliberalisms)
A political ideology or ideological trend based on neoclassical economics that espouses economic liberalism, favouring trade liberalisation, financial deregulation, a small government, privatisation and liberalisation of government businesses, passive antitrust enforcement, accepting greater economic inequality and disfavouring unionisation.
Synonyms: economic rationalism, market liberalism
Hyponyms: Reaganomics, Rogernomics, Thatcherism
Hypernym: capitalism
(US) The ideology associated with the New Democrats and the Democratic Leadership Council.
Source: Wiktionary
Recent Word Finds
Word of the Day
24 October 2024
ELLIPSE
(noun) a closed plane curve resulting from the intersection of a circular cone and a plane cutting completely through it; “the sums of the distances from the foci to any point on an ellipse is constant”
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