Tag Archives: economic liberalism

US business über-guru Peter F. Drucker thought so.JSTOR DailyAre Free Markets Fictional? Livia Gershon

Brad DeLong shows how Ricardo's version of economic liberalism based on free trade explained by comparative advantage is bourgeois liberalism that enriches the ownership class. Washington Center for Equitable Growth Ricardo’s Big Idea, and Its Vicissitudes Brad DeLong | Professor of Economics at the University of California, Berkeley

As a result, I would tend to suggest a slightly different definition that seems to work quite well today. The definition would be: neoliberalism is a political strategy promoting the interests of big money that utilises the economist’s ideal of a free market to promote and extend market activity and remove all ‘interference’ in the market than conflicts with these interests. This replaces a definition based on following an idea (the author’s market neoliberalism), by one of interests...