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neoliberalism |
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neoliberalism [ˌniːəʊˈlɪbərəˌlɪzəm -ˈlɪbrəˌlɪzəm] n (Government, Politics & Diplomacy) (Economics) a modern politico-economic theory favouring free trade, privatization, minimal government intervention in business, reduced public expenditure on social services, etc neoliberal adj & n neoliberalism a movement that modifies classical liberalism in light of 20th-century conditions. See also: Politics
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