neoliberal capitalism

Type: Concept

As of November 2026, neoliberal capitalism has been mentioned in one podcast episode on The BMJ (Jan 2026). Critiqued as the underlying economic system causing structural problems in healthcare and society.

Neoliberalism is a political and economic ideology that advocates for free-market capitalism and developed from challenges to classical liberalism in the early 20th century. It advocates policies that became dominant from the late 20th century that promote market processes and competition. The term has multiple, competing definitions, and is often used pejoratively. In scholarly use, the term is often used to describe a multitude of phenomena, but can be used to contrast with other developments