neoliberal
Upper-Intermediate (B2)
IPA: /ˌniːoʊˈlɪbərəl/
KK: /niˈoʊlɪˌbɛrəl/
adjective
Definition
Relating to a political and economic philosophy that emphasizes free markets, limited government, and individual entrepreneurship.
Example
The government's neoliberal policies have led to significant changes in the economy.
Conversation
Have you heard about the new neoliberal policies being discussed in our city?
Yeah, I read something about it; it seems very controversial.
I wonder how these neoliberal ideas will affect local businesses.
It could be a mixed bag — some might benefit, but others could really struggle.
Synonyms & Antonyms
Synonyms
libertarian
market-oriented
capitalist
Antonyms
interventionist
socialist
regulated
noun
Definition
A person who supports a political and economic philosophy that emphasizes free markets, limited government, and individual liberties.
Example
The neoliberals argue that free trade benefits everyone in the long run.
Conversation
Have you heard about the latest debate on economic policies?
Yeah, I saw some articles discussing the role of a neoliberal approach.
It's interesting how some people support it while others criticize it.
Root Explanation
Neoliberal is formed from "neo-" (meaning new) and "liberal" (from Latin "liberalis", meaning pertaining to freedom or generous). The term describes a new approach to liberalism that emphasizes free-market capitalism and minimal government intervention.
Memory Tip
Think of 'neo-' meaning new, and 'liberal' relating to freedom — this helps you remember that 'neoliberal' refers to a new form of liberalism focused on free markets.
Visually Confused Words
unliberal
liberal
preliberal