What is Neo-liberalism?

1
What is Neo-liberalism?

• an economic philosophy that 1) places high
  value upon
• a) private ownership/property
• b) individual freedom
• (laissez-faire)
• c) competition in an unregulated or
  minimally- regulated market. d)
  efficiency
• 2) favours small government
• e.g. opposes high taxes and government
  interference in markets