THE NEOLIBERAL CHALLENGE. WHAT IS NEOLIBERALISM?
THE NEOLIBERAL CHALLENGE. WHAT IS NEOLIBERALISM?

Summary/Abstract: The term ‘neoliberalism’ has since around 1980 become a quite widely used exhortation in some political and academic debates. Prolific employment of a term does not signify, however, that it is clearly defined. In this article it is suggested that while the concept itself has become an imprecise buzzword in much of the literature, it might still be given a more precise definition. If this is done, then the term could become a useful analytical device in order to describe some recent trends in economic thought and political theory, even if it would be an obvious overstatement to say that we live in a neoliberal age or a neoliberal world.

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