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Neoliberalism - Revision history
2026-04-21T19:31:06Z
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<td colspan="2" style="background-color: #fff; color: #202122; text-align: center;">Revision as of 12:01, 18 February 2025</td>
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Prab
https://wikimd.com/index.php?title=Neoliberalism&diff=5339852&oldid=prev
Prab: CSV import
2024-03-02T02:40:37Z
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<p><b>New page</b></p><div>'''Neoliberalism''' is a [[political philosophy]] and [[economic theory]] that advocates for the increased role of the [[private sector]] in the economy and society. It is characterized by [[free market]] policies, [[deregulation]], [[privatization]], and a reduction in [[government spending]].<br />
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== History ==<br />
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The term "neoliberalism" was first used in the 1930s by [[Alexander Rüstow]], a German economist and sociologist, during the [[Colloque Walter Lippmann]]. The term was later popularized in the 1970s and 1980s by economists such as [[Milton Friedman]] and [[Friedrich Hayek]], who advocated for a return to [[classical liberalism]].<br />
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== Principles ==<br />
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Neoliberalism is based on the principles of [[individualism]], [[free trade]], and [[competition]]. It argues that governments should limit their intervention in the economy, and instead, allow the [[market forces]] to determine the distribution of resources. This is believed to lead to greater efficiency, innovation, and economic growth.<br />
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== Criticism ==<br />
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Critics of neoliberalism argue that it leads to [[income inequality]], [[social exclusion]], and [[environmental degradation]]. They also argue that it undermines [[democracy]] by shifting power from the public to the private sector.<br />
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== Impact ==<br />
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Neoliberal policies have been implemented in various countries around the world, including the [[United States]], the [[United Kingdom]], and [[Chile]]. These policies have had significant impacts on the economy, society, and politics of these countries.<br />
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== See also ==<br />
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* [[Liberalism]]<br />
* [[Economic liberalism]]<br />
* [[Laissez-faire]]<br />
* [[Chicago School (economics)]]<br />
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[[Category:Political philosophy]]<br />
[[Category:Economic theories]]<br />
[[Category:Neoliberalism]]<br />
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{{Economics-stub}}<br />
{{Politics-stub}}</div>
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