Neoliberals

Neoliberals are a political and economic ideology that emerged in the late 20th century, building upon the principles of liberalism and free market economics. They advocate for minimal government intervention in the economy, emphasizing free trade, privatization, and deregulation. Neoliberal policies aim to reduce barriers to trade and investment, promote competition, and encourage individual economic freedom. This ideology has been influential in shaping economic policies in many countries, particularly during the 1980s and 1990s, when it was often associated with the political right. However, neoliberalism has also been criticized for exacerbating income inequality, contributing to financial crises, and undermining social welfare programs. Despite these criticisms, neoliberal ideas continue to influence contemporary economic and political discourse, with proponents arguing that they promote economic growth and efficiency.