Neoliberalismen

Neoliberalism is a political and economic ideology that advocates for free - market capitalism, reduced government intervention in economic affairs, and deregulation. Originating in the 1970s and 1980s as a response to economic stagnation and inflation, it gained prominence through policies such as tax cuts, privatization of state - owned enterprises, and trade liberalization. Proponents argue that free markets efficiently allocate resources, enhance economic growth, and promote individual freedom. Critics contend that neoliberal policies exacerbate income inequality, reduce social welfare, and prioritize corporate interests over the public good. Key figures include economists like Milton Friedman, and political leaders such as U.S. President Ronald Reagan and U.K. Prime Minister Margaret Thatcher, whose administrations implemented neoliberal reforms. The ideology has shaped global economic governance, influencing institutions like the International Monetary Fund (IMF) and World Bank, and continues to be a subject of debate in discussions about economic policy and social justice.