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neoliberalism

neoliberalism


Pronunciation

Phonetic Transcription of "Neoliberalism"

IPA: /niːˈlɪbərəlɪzəm/

Syllable Breakdown:

  • ne-o-lib-er-al-ism

  • ne: /niː/

    • /n/ - alveolar nasal

    • /iː/ - long close front unrounded vowel

  • o: /oʊ/

    • /oʊ/ - diphthong, starting with a close-mid front unrounded vowel and ending with a close-mid back unrounded vowel

  • lib: /lɪb/

    • /l/ - alveolar lateral liquid

    • /ɪ/ - short close front unrounded vowel

    • /b/ - bilabial voiced stop

  • er: /ər/

    • /ər/ - voiced schwa

  • al: /əl/

    • /ə/ - voiced schwa

    • /l/ - alveolar lateral liquid

  • ism: /ɪzəm/

    • /ɪ/ - short close front unrounded vowel

    • /z/ - alveolar voiced fricative

    • /ə/ - voiced schwa

    • /m/ - bilabial nasal


Word Form Variations

  • The term "neoliberalism" is already in its singular form. It does not have a plural form.

    However, it can be used to form adjectives or adverbs:

    • Neoliberal: (adjective) relating to or advocating neoliberalism

    • Neoliberally: (adverb) in a neoliberal manner



Definitions, Synonyms, Antonyms

Noun

  • Definition: A political economic philosophy that advocates for free markets, limited government intervention, and individual liberty.

  • Synonyms: free-market capitalism, laissez-faire, economic liberalism

  • Antonyms: socialism, communism, central planning

Adjective

  • Definition: Relating to or advocating for neoliberalism.

  • Synonyms: free-market, capitalist, laissez-faire

  • Antonyms: socialist, communist, interventionist

Adverb

  • Definition: In a neoliberal manner.

  • Synonyms: freely, market-oriented, individualistically

  • Antonyms: collectively, centrally, state-controlled


Examples of Use

Books

  • "The Shock Doctrine: The Rise of Disaster Capitalism" by Naomi Klein (2007): This book extensively critiques neoliberal policies and their implementation in various countries.

  • "The World We Made" by Michael J. Sandel (2020): Sandel discusses the ethical implications of neoliberalism and its impact on society.

Newspapers

  • "The Guardian": The Guardian frequently publishes articles discussing neoliberal economic policies, their effects, and controversies. For example, search for articles with keywords like "neoliberalism," "austerity," or "globalization."

  • "The New York Times": The New York Times also covers neoliberal policies and their implications. Look for articles in sections like "Business," "Opinion," or "International."

Online Publications

  • "The Conversation": This academic website often features articles analyzing neoliberal policies and their consequences.

  • "Jacobin": A left-wing magazine that frequently critiques neoliberal policies and their impact on society.

Entertainment Mediums and Platforms

  • Movies: Films like "The Big Short" (2015) and "Inside Job" (2010) explore the financial crisis of 2008 and its connections to neoliberal policies.

  • TV Shows: Series like "The Wire" (2002-2008) and "Black Mirror" (2011-present) often touch on themes related to neoliberalism, such as inequality, surveillance, and technological advancement.

  • Social Media: Platforms like Twitter and Reddit have discussions about neoliberalism, particularly in political and economic forums.

General Public Discourse

  • Political Debates: Neoliberalism is a frequent topic of discussion in political debates, particularly between left-leaning and right-leaning politicians.

  • Protests and Activism: Many protests and social movements are motivated by concerns about the negative consequences of neoliberal policies, such as inequality, job loss, and environmental degradation.



10 Famous Quotes Using the term Neoliberalism

  1. "The very design of neoliberal principles is a direct attack on democracy." — Noam Chomsky

  2. "Neoliberalism has not revitalized global capital effectively, but it has succeeded in restoring the power of economic elites." — David Harvey

  3. "Under neoliberalism, NGOs are expected to maintain the status quo even when they are doing good work." — Arundhati Roy

  4. "Both political parties have moved to the right during the neoliberal period, narrowing the political spectrum significantly." — Noam Chomsky

  5. "Neoliberalism thrives on a business ontology, transforming everything from healthcare to education into enterprises to be managed like businesses." — Mark Fisher

  6. "Latin Americans have rejected the Washington consensus, as neoliberalism has only increased poverty and misery." — Hugo Chavez

  7. "Neoliberalism promotes fear, greed, and consumption, masking what people truly desire." — Eve Ensler

  8. "Neoliberal health systems put professionals in a bind, forcing them to choose between patient care and financial survival." — Seth Holmes

  9. "Neoliberalism's logic dictates that debt crises in poor countries are managed to redistribute wealth to rich nations." — David Harvey

  10. "Entrepreneurs are celebrated in neoliberal societies for their self-invention and rejection of established hierarchies." — James S. Bielo

    These quotes reflect a critical view of neoliberalism, touching on its effects on democracy, inequality, healthcare, and global economic structures. They highlight how thinkers like Chomsky, Harvey, and Fisher argue that neoliberal policies shape societies by prioritizing markets over public welfare and civic values. For more insights, you can explore resources such as David Harvey’s A Brief History of Neoliberalism or Noam Chomsky’s work on economic policies and democracy.


Etymology

Neoliberalism is a relatively new term that emerged in the late 20th century. It's a combination of two words: "neo" and "liberalism."

  • Neo: This part means "new."

  • Liberalism: This refers to a political philosophy that emphasizes individual liberty, limited government, and free markets.

So, neoliberalism essentially means a "new kind of liberalism." It's a more recent version of the original liberal ideas that were popular in the 19th and early 20th centuries.

First Known Use: The term "neoliberalism" is believed to have been coined by the Austrian economist Friedrich Hayek in the 1930s. However, it didn't gain widespread use until the late 20th century, particularly in the context of economic policies implemented in countries like the United States and the United Kingdom.



Phrases + Idioms Containing the term Neoliberalism

"Free market fundamentalism": This phrase emphasizes the extreme adherence to free market principles often associated with neoliberalism.

  • "Trickle-down economics": A theory often associated with neoliberal policies, suggesting that economic benefits will "trickle down" from the wealthy to the poor.

  • "Deregulation fever": A phrase highlighting the enthusiasm for reducing government regulations, a key component of neoliberal policies.

  • "Austerity measures": Policies aimed at reducing government spending and debt, often implemented in neoliberal economic frameworks.

  • "Privatization push": A phrase referring to the effort to transfer government-owned assets and services to the private sector, a common neoliberal strategy.

Idioms with Similar Effect

While there aren't direct idioms using "neoliberalism," here are some idioms that convey similar concepts:

  • "Let the market decide": This idiom emphasizes the belief in the market's ability to allocate resources efficiently.

  • "Small government, big business": This phrase reflects the desire for limited government intervention and a dominant role for businesses.

  • "Survival of the fittest": A Darwinian concept often applied to economic competition, suggesting that only the strongest businesses or individuals will succeed.

Why are there fewer idioms with "neoliberalism"?

  • Recency: As a relatively new term, "neoliberalism" hasn't had enough time to become ingrained in everyday language and idioms.

  • Complexity: The concept of neoliberalism is complex and often involves nuanced debates. This makes it difficult to condense into simple, memorable idioms.

Original Idioms:

  • "The invisible hand rules the roost": This idiom emphasizes the belief in the self-regulating power of the market.

  • "Deregulation is the name of the game": This idiom highlights the importance of reducing government regulations in neoliberal policies.


Posts Related to Neoliberalism


Source Information

Definition of neoliberalism from The Academic Glossary at Self Exploration Academy, a Urikville Press Publication. © All rights reserved.