neoliberalize
Impose free-market policies
To neoliberalize is to reshape an economy, institution, or society along neoliberal principles—typically by privatizing public services, deregulating markets, reducing government intervention, and emphasizing free-market competition.
Critics argue that neoliberalizing education turns students into consumers.
The term is almost always used critically, often implying that market logic is being imposed where it doesn't belong.
State sells public assets
- decontrolRemove official restrictions
- rollbackReturn to prior condition
- repealAnnul a statute
- laissez-faireNoninterference in commerce
regulatory reform · red tape reduction · dismantle · loosen · relaxation · flexibility · free market · austerity
State of mutual linkage
- cross-borderSpanning national boundaries
- transnationalCrossing country lines
- capital flowMovement of investment money
- labor mobilityWorkforce geographic flexibility
Washington Consensus · global markets · multinational corporation · global supply chain · market expansion · border opening · international trade · global competition
Unrestricted international exchange
- tariff reductionDecrease in import taxes
- WTOGlobal commerce regulator
- trade agreementPact governing international commerce
- NAFTAContinental free-commerce bloc
foreign investment · offshoring · outsourcing · economic integration · trade surplus · trade deficit · comparative advantage · open markets
Transforming into sellable goods
- competitionStruggle for supremacy
- consumerismPreoccupation with acquiring goods
- shareholder valueEquity investor financial returns
- entrepreneurshipCreating and managing ventures
monetization · commercialization · cost-benefit · efficiency · performance metrics · individualism · consumer choice
Restructuring as a corporation
- marketizationConverting to commerce-driven systems
- outsourcingThird-party task delegation
- commercializationProfit-driven market introduction
- concessionYielding a point
denationalization · divestiture · franchising · healthcare privatization · pension reform · voucher system · profit motive
privatization
State sells public assets
laissez-faire · regulatory reform · red tape reduction · dismantle · loosen · relaxation · flexibility · free market · austerity · shock therapy
interconnectedness
State of mutual linkage
- cross-borderSpanning national boundaries
- transnationalCrossing country lines
- capital flowMovement of investment money
labor mobility · Washington Consensus · global markets · multinational corporation · global supply chain · market expansion · border opening · international trade · global competition
free trade
Unrestricted international exchange
- tariff reductionDecrease in import taxes
- WTOGlobal commerce regulator
- trade agreementPact governing international commerce
NAFTA · foreign investment · offshoring · outsourcing · economic integration · trade surplus · trade deficit · comparative advantage · open markets
commodification
Transforming into sellable goods
- competitionStruggle for supremacy
- consumerismPreoccupation with acquiring goods
- shareholder valueEquity investor financial returns
entrepreneurship · monetization · commercialization · cost-benefit · efficiency · performance metrics · individualism · consumer choice
corporatization
Restructuring as a corporation
- marketizationConverting to commerce-driven systems
- outsourcingThird-party task delegation
- commercializationProfit-driven market introduction
concession · denationalization · divestiture · franchising · healthcare privatization · pension reform · voucher system · profit motive
neoliberalizenationalize
Transfer to state ownership
renationalize · socialize · collectivize · regulate · communize