What is neoliberalism?

Neoliberalism Questions



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What is neoliberalism?

Neoliberalism is an ideology and economic policy approach that emphasizes the importance of free markets, limited government intervention, and individual liberty. It advocates for deregulation, privatization, and reducing the role of the state in the economy. Neoliberalism promotes the belief that market forces should drive economic decision-making and that competition leads to efficiency and prosperity. It has been influential in shaping global economic policies since the late 20th century.