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In reply to the discussion: What is Neoliberalism? [View all]
 

Smarmie Doofus

(14,498 posts)
1. It's an anachronistic term. As is the application of "liberalism" to Adam Smithism.
Wed Jan 2, 2013, 12:24 AM
Jan 2013

Herbert Hoover was an Adam Smith "liberal":


>>>The main points of neo-liberalism include:

1) THE RULE OF THE MARKET...

2) CUTTING PUBLIC EXPENDITURE FOR SOCIAL SERVICES...

3) DEREGULATION...

4) PRIVATIZATION... >>>>>
...


In the vernacular, "liberal" means something else entirely; having nothing to do with Adam Smithism OR Herbert Hooverism. We need better terminology.

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