neoliberalisms

Noun

neoliberalism (countable and uncountable, plural neoliberalisms)

1. (derogatory, often) 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.
   • This lethal fusion of economic insecurity and cultural scapegoating brought neoliberalism to its knees. […] The age of Obama was the last gasp of neoliberalism. Despite some progressive words and symbolic gestures, Obama chose to ignore Wall Street crimes, reject bailouts for homeowners, oversee...2016 November 17, Cornel West, “Goodbye, American neoliberalism. A new era is here”, in The Guardian, archived from the original on 08 Jan 2017

   Synonyms:

   economic rationalism, market liberalism

2. (US) The ideology associated with the New Democrats and the Democratic Leadership Council.