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Neoliberal economic philosophy advocates for free markets, limited government intervention, deregulation, privatization, and a focus on individual responsibility. It values competition, entrepreneurship, and efficient allocation of resources through market mechanisms.

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Q: What does neoliberal economic philosophy espouse?
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Continue Learning about Philosophy

What is a sentence using the word espouse?

She espouses a vegan lifestyle, believing it is better for both her health and the environment.


What is a micro-philosophy and macro-philosophy?

Micro-philosophy refers to focusing on individuals and specific cases in philosophical analysis, while macro-philosophy involves broad, overarching theoretical frameworks and concepts in philosophy that apply to entire systems or societies. Micro-philosophy deals with detailed, specific questions, while macro-philosophy deals with more generalized and abstract inquiries.


Philosophy as a science?

Philosophy is not considered a science in the traditional sense as it does not follow the scientific method and relies more on rational argumentation and critical thinking. However, it shares similarities with science as it seeks to understand the nature of reality, knowledge, and existence through careful analysis and inquiry. Some areas of philosophy, such as logic and philosophy of science, overlap with scientific inquiry.


What man provided a philosophy for capatalism?

Adam Smith is known as the "father of capitalism" for his influential work in economics, particularly through his book "The Wealth of Nations." Smith's philosophy emphasized the importance of economic self-interest, free markets, and the division of labor in driving economic growth and prosperity.


What word describes a philosophy that favors government action?

The word that describes a philosophy favoring government action is "statism." It is the belief that the state should have extensive control and authority over economic and social matters.

Related questions

What economic theory did Milton Friedman espouse?

Monetarism.


Is Philippines a socialist country?

Yes! they are capitalist country though, but socialist in hiding!


When was Neoliberal Party created?

Neoliberal Party was created in 1989.


What has the author Keith N Ferreira written?

Keith N. Ferreira has written: 'The University of Neoliberal Arts' 'A New Breed of Philosophers' 'Postmodern Minimalist Philosophy' 'The intellectual rebel' 'Anything Is Possible' 'Neoliberal Arts II' 'Speculative Aphorisms II' 'Intellectual Jazz' 'Political and Social Observations' 'Intellectual Jazz II'


How is power relevant to neoliberal analysis?

Power is relevant to neoliberal analysis because they talk about political and military relations.


How was Hamilton's economic philosophy similar to his political philosophy?

on the plan politics


The phrase mother country is best assosiated with the economic philosophy known as?

The economic philosophy known as mercantilism was associated with the mother country.


What is a micro-philosophy and macro-philosophy?

Micro-philosophy refers to focusing on individuals and specific cases in philosophical analysis, while macro-philosophy involves broad, overarching theoretical frameworks and concepts in philosophy that apply to entire systems or societies. Micro-philosophy deals with detailed, specific questions, while macro-philosophy deals with more generalized and abstract inquiries.


Was a new economic philosophy that stated that a nation's economic strength depended on keeping and increasing its gold supply?

Capitalism was a new economic philosophy that stated that a nation's economic strength depended on keeping and increasing its gold supply.


What has the author Hai Ren written?

Hai Ren has written: 'The middle class in neoliberal China' -- subject(s): Economic policy, Politics and government, Social change, Middle class


What actors and actresses appeared in Victimas del pecado neoliberal - 1995?

The cast of Victimas del pecado neoliberal - 1995 includes: Tito Vasconcelos as himself


What is a sentence using the word espouse?

She espouses a vegan lifestyle, believing it is better for both her health and the environment.