Friday 24 November 2023

'Neoliberalism': What is it?


"Neoliberalism is essentially an intentionally imprecise stand-in term for free-market economics, for economic sciences in general, for conservatism, for libertarians and anarchists, for authoritarianism and militarism, for advocates of the practice of commodification, for centre-left or market-oriented progressivism, for globalism and welfare-state social democracies, for being in favour of or against increased immigration, [for celebrating rocketing house prices or promoting policies to make them fall], for favouring trade and globalisation or opposing the same, or for really any set of political beliefs that happen to be disliked by the person(s) using the term."
~ Phil Magness, from his article 'The Fairytale of Hegemonic Neoliberalism'

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