Relating to neoliberalism; a political and economic ideology that advocates the free-market economy, deregulation, privatization, and a lean state.
example
Kritiker werfen der Regierung eine neoliberale Wirtschaftspolitik vor, die soziale Ungleichheit verstärke.
Critics accuse the government of pursuing neoliberal economic policies that increase social inequality.
Usage tips
Word structure
The word consists of the prefix 'neo-', which means 'new', and the word 'liberal'. It therefore describes a newer form or further development of liberalism.
EXAMPLE
Die Thesen des Ökonomen werden oft als neoliberal bezeichnet.
The economist's theses are often described as neoliberal.
Typical collocations
As a political and economic term, 'neoliberal' is often combined with nouns such as 'Politik' (policy), 'Reformen' (reforms), 'Agenda' (agenda), 'Ideologie' (ideology), or 'Wirtschaftsmodell' (economic model).
EXAMPLE
Die Gewerkschaften protestierten gegen die neoliberalen Reformen.
The unions protested against the neoliberal reforms.
Register and style
The word is used mainly in political, economic, and academic discussions. In public debate, it often has a critical or negative connotation.
EXAMPLE
Seine Gegner bezeichnen seine Politik als unsozial und neoliberal.
His opponents describe his policies as antisocial and neoliberal.
Compare with
near_synonym · confusable
neoliberal vs liberal
liberal
'liberal' and 'neoliberal' can both have to do with a free-market economy and less government intervention. However, 'liberal' is a broader word and can also mean personal freedom and tolerance. 'neoliberal' is narrower and refers especially to an economic-policy orientation involving deregulation, privatization, and a lean state. The words can be confused because they sound similar in the economic field. More precisely: every neoliberal position is economically liberal in character, but not every liberal attitude is neoliberal.
neoliberal
Der Artikel kritisiert eine neoliberale Reform, die viele staatliche Aufgaben privatisieren will.
The article criticizes a neoliberal reform that aims to privatize many government functions.
liberal
Sie findet liberale Ideen wichtig, weil der Staat den Menschen nicht alles vorschreiben soll.
She considers liberal ideas important because the state should not dictate everything to people.