neoliberalism
(en)
the postulate that markets are organised most effectively by private enterprise and that the private pursuit of accumulation will generate the most common good; accomplished by opening international markets and financial networks, and downsizing the welfare state
Neoliberalism failed to bring proper recovery (from the viewpoint of the many); and in any case came chiefly to mark the Anglophone countries along with the now globalized and enormously expanded financial sector.
notable
9 years, 2 months ago