Visual meaning of 'neoliberalism'? - learn with images, example in daily life

Visual illustration of neoliberalism: 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.

noun

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.

"The country's shift towards neoliberalism led to the privatization of schools and hospitals, resulting in lower taxes but also increased costs for healthcare and education. "

politics government economy business philosophy state society finance law world

Visual illustration of neoliberalism: The ideology associated with the New Democrats and the Democratic Leadership Council.

noun

The ideology associated with the New Democrats and the Democratic Leadership Council.

"The Democratic party's shift towards neoliberalism in the 1990s involved embracing policies like free trade agreements and deregulation. "

politics government doctrine philosophy economy state