Neo-Liberalism

  • Girishgouda Patil
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  • Girishgouda Patil

    Assistant Professor in India

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Abstract

Neo-Liberalism is capitalism without leftist illusions (i.e., illusions that there can be such a thing as humane capitalism on a long-term basis). The concept suggests its own definition: ‘Neoliberalism’ is a revival of ‘liberalism’. ‘Neo’means we are talking about a new king of liberalism. This definition suggests that liberalism, as a political ideology, has been absent from political discussions and policy making for a period of time, only to emerge in more recent times in a reincarnated form. It suggests, in other words, that liberalism has undergone a process of initial growth, intermediary decline and finally a recent rejuvenation. For present purposes, a useful baseline definition is that neoliberalism is a political project that is justified on philosophical grounds and seeks to extend competitive market forces, consolidate a market friendly constitution and promote individual freedom

Type

Research Paper

Information

International Journal of Law Management and Humanities, Volume 4, Issue 6, Page 440 - 446

DOI: https://doij.org/10.10000/IJLMH.112270

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