Neoliberalism
“We understand neoliberalism as a politico-economic doctrine that embraces robust liberal capitalism, constitutional democracy, and a modest welfare state.”
“embrace strong rights to private property, goods, services for one’s own consumption and capital”
“In defending capitalism, neoliberalism focus on two foes: Socialism and Keynesianism,”
(Keynesianism means government intervention can support and strength the economy)”
“Endorse equal rights to vote and support parliamentary democracy …….”

“This explination essay explicates neoliberalism by examining the political concepts, principles, and policies shared by F. A. Hayek, Milton Friedman, and James Buchanan, all of whom play leading roles in the new historical research on neoliberalism, and all of whom wrote in political philosophy as well as political economy.” Stanford Encyclopedia of Philosophy