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Neoliberalism

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Noun

neoliberalism

Definition: a political orientation originating in the 1960s; blends liberal political views with an emphasis on economic growth

Definition: 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.

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