Economics Dictionary of Arguments

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Neoliberalism: Neoliberalism is an economic and political ideology advocating for limited government intervention in the economy, free market principles, deregulation, privatization, and reduced public spending. It prioritizes individual freedoms, free trade, and competition, emphasizing market forces to drive economic growth and efficiency. Critics argue it can lead to inequality and social disparities while proponents champion its potential for prosperity and innovation. See also Liberalism, Interventions, Markets, Trade, Economic growth.
Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.

Author Concept Summary/Quotes Sources

Milton Friedman on Neoliberalism - Dictionary of Arguments

Mause I 73
Neoliberalism/Friedman: the first important political and theoretical-political stations in the rise of Neoliberalism were (...) the decline of Keynesianism in the early 1970s, the oil price shock in 1973, the elections of Margret Thatcher (1979) and Ronald Reagan (1981) and the rise of the Chicago School of Economics under Milton Friedman (1).
The term "Neoliberalism" is often used for normative-critical purposes (2) - and is mainly used in a critical context.
See Postdemocracy/Crouch.

1. W. Brown, Neoliberalism and the end of liberal democracy. Edgework. Critical Essays on Knowledge and Politics. Princeton 2005, S. 37-38.
2. Butterwegge, Christoph, Bettina Lösch und Ralf Ptak, Kritik des Neoliberalismus, Wiesbaden 2008.

Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.

Econ Fried I
Milton Friedman
The role of monetary policy 1968

Mause I
Karsten Mause
Christian Müller
Klaus Schubert,
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018

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> Counter arguments in relation to Neoliberalism

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