• cygon@lemmy.world
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    9 months ago

    While I’d join your side here, the term “neoliberalism” does not refer to a contemporary form of liberalism but, rather, has been coined to mean, roughly: “unchecked capitalism, privatization of services and reduction of state-run programs.”

    For what it’s worth, I find it an incredibly poorly chosen term, since there is no relation to liberalism (liberalism as in “live and let live, personal freedoms, tolerance”). If liberal-bashing wasn’t so popular, it could as well have been called “neoconservatism” since it was Reagan and his ilk that pushed this kind of economics.

    Or it could just be tucked under the umbrella of libertarianism.

    • Railing5132@lemmy.world
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      9 months ago

      Yeah, I caught that a bit too late. I agree wholeheartedly that it sounds a heck of a lot like libertarianism, and that it’s intentionally conflated into neoliberalism purposefully to bash the liberal “brand” (?). And this poster’s propensity for both-sides arguing kind of confirms that for me.