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neoliberalism
ne·o·lib·er·al·ism [ n ō líbbərə lìzzəm, n ō líbbrə lìzzəm ]


noun 
Definition:
 
political philosophy: the political view, arising in the 1960s, that emphasizes the importance of economic growth and asserts that social justice is best maintained by minimal government interference and free market forces

ne·o·lib·er·al adjective, noun
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