What is neoliberalism?

Dominant political ideology of the late 20th century has fallen out of favour in recent times

Margaret Thatcher
(Image credit: Hulton Archive)

Neoliberalism has become something of a dirty word over the past few years.

Labour leader Jeremy Corbyn said last month: “Neoliberalism is an ideology that ruins communities and ruins lives. It’s an ideology that this Government is still absolutely wedded to as they continue to wreak havoc with their incessant cuts.”

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up