1. relating to or supporting a political approach that favors free-market capitalism, deregulation, and reduction in government spending
Usage: political science; economics

1. a person who supports neoliberal policies
Usage: political science

Examples

• The neoliberal policies of the 1980s emphasized privatization and deregulation.
• Critics argue that neoliberal economics increases income inequality.
• The candidate’s neoliberal stance attracted support from business leaders.
• Many neoliberals believe that free markets lead to greater prosperity.
• The university hired a prominent neoliberal economist as department head.
• Neoliberal reforms transformed the country’s economic system.
• She identified herself as a neoliberal who favored reduced government intervention.