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.”

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