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
The denigration of work, the celebration of efficiency, and the worship of the market are all hallmarks of the ideology that has dominated the United States since the late 1970s, neoliberalism
includes a definition of neoliberalism by Alissa G. Karl