What is wrong with the term "neoliberalism"?

I frequently see libertarians objecting to the term "neoliberalism." And yet they boast that they are the real liberals, and that liberalism underwent a revival after WWII, due to events like the founding of the Mount Pelerin society.

So what is wrong with calling this the new liberalism?

5 comments:

  1. As I understand it, "neoliberalism" is not a term that is widely used in the United States.

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  2. I don't much pay attention to this sort of stuff, but if I were to guess I would say it is because of who that word is typically associated with, e.g. Milton Friedman, Ronald Reagan, Mags Thatcher, etc, as well as it's links to American conservatism. These aren't generally things that a libertarian would wish to be associated with (unlike classical liberalism).

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    Replies
    1. No, Joe, that's not gonna do it, as I repeatedly here objections to the term *period*, not just the term applied to libertarians.

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    2. Also the idea that most libertarians would not wish to be associated with Milton Friedman illustrates that your definition of "libertarian" encompasses only a couple of percent of those who self-identify as libertarian!

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