[thread] Liberalism, neoliberalism

Liberalism: https://en.wikipedia.org/wiki/Liberalism
* political/moral philosophy
* based on rights of individual, liberty, consent of governed, political equality, right to private property, equality before law

Neoliberalism: https://en.wikipedia.org/wiki/Neoliberalism
* modern reinterpretation of 19th-century liberalism
* assoc. w. free-market capitalism
* gave rise to conservative & right-libertarian organizations, political parties, think tanks

#history #economics #liberalism #neoliberalism 

 cont'd
[thread] Liberalism, neoliberalism

Neoliberalism cont'd

* predominantly advocated by them
* policies: economic liberalization incl. privatization, deregulation, globalization, free trade, monetarism, austerity, reduced gov. spending 
* seeks increased role of private sector in economy, society

#history #economics #liberalism #neoliberalism