Neo-Liberal

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Neo-Liberal

One who favors free trade, globalization, and openness to the free market. The term is used frequently in an international context, but it may also refer to the politics of a single country. Neo-liberals advocate floating exchange rates, the reduction or elimination of tariffs, privatization of nationalized companies, and similar practices. International organizations well-known for advocating neo-liberal policies include the International Monetary Fund and the World Trade Organization.
References in periodicals archive ?
Neoliberalism has its origins in the Mont Pelerin Society, which was formed by Austrian economist Friedrich von Hayek in 1947, and whose luminaries included other icons of neoliberal thought such as Ludwig von Mises and Milton Friedman.
MASTERS OF THE UNIVERSE: HAYEK, FRIEDMAN, AND THE BIRTH OF NEOLIBERAL POLITICS
In brief, neoliberal ideology advocates for the extension of market-based principles in the arena of the state in order to "liberate" both public services from so-called state inefficiencies and capital "squandered" by taxation that could be more profitably deployed by private actors.
Conservatives also have become increasingly hostile to immigration, which the early neoliberals saw as integral to an open society.
Progressive neoliberals work within and against the unjust system to reform the system itself, actively pursuing those goals for which neoliberalism is critiqued for ignoring, if not subverting.
And yet our cities are already on the edge of social and environmental defaults that widened during the era of neoliberal rule (McManus, 2004).
But we also know that, though expediency may lead us to abandon any or all of the tenets of neoliberal orthodoxy (fiscal discipline, free trade, deregulation, etc.
He concludes that democracy and markets, rather than being inseparable as argued by the neoliberals, actually "clash at a fundamental level.
EK: What do you think about the possibility for an asymmetry in honesty, where you end up having the conservatives and the neoliberals ganging up on mutual enemies?
In the case of Mexico, one has to ask to what degree of relevance is the fact that 4 of the last 5 Mexican presidents did postgraduate studies in American universities known for their neoliberal credentials: Harvard, Yale, and MIT.
The neoliberal approach in economics, particularly how trade and finance is handled globally, is responsible for this human tragedy.
The dominance of the Clintonist neoliberal tendency has made the party only more inhospitable.