Meaning of neoclassical liberalism | Babel Free
Definitions
- Capitalist ideology which stresses the importance of deregulation and private ownership over the means of production.
- Capitalist ideology that focuses on the compatibility of support for civil liberties and free markets on the one hand and a concern for social justice or the worst-off’s well-being on the other.
- Synonym of neoliberalism.
Examples
“Jardine says the neoclassical liberalism of the postindustrial economy contained two major postulates: a return⟳ to laissez-faire economics and a revival of Protestant morality to counteract the growing moral permissiveness.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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