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Neoliberalism
Neoliberalism is a variant of liberalism embracing the concepts of the free market, private property, constitutional order, and the minimal state. As an ideological and political project, neoliberalism became one of the most significant economic movements of the second half of the twentieth century, playing a central role in intellectual and policy discourses in Germany in the 1950s and in Britain and the United States in the 1970s and 1980s. After the collapse of communism in the Soviet Union and Eastern Europe in the early 1990s, neoliberalism came to reign as the “hegemonic” ideology for management of the global economy and construction of a new world order.
Variants of Liberalism
Neoliberalism has its roots in classical liberalism and the antimercantilism disseminated by classical economists such as Adam ...
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