megafapper1995's definitions
A theory that the best way to advance society is through privatisation ,free market enterprise and tax breaks. A debateable belief in theory, however in practice, just like communism was used by the USSR it has become a state religion that is used to justify a corrupt corporate welfare state and a mass transfer of public money to private hands.
'Reagan pretended to subscribe to neoliberalism, a doctrine that taxing the rich less would have beneficial effects for the whole of society. Of course he didn't actually believe that but it sure worked in favour of the ruling classes.
by megafapper1995 July 5, 2020
Get the Neoliberalismmug.