Just curious what is this sub?

Neoliberalism was developed in 1938 as a response to rising totalitarianism in the forms of fascism and communism. The goal was to revive liberalism while addressing the failures of both laissez-faire capitalism and centrally planned economies. What was sketched out was a modernized liberalism with an active but limited state to maintain free enterprise and a basic welfare. Neoliberals understand that free-market capitalism creates unparalleled growth, opportunity, and innovation, but may fail to allocate wealth efficiently or fairly. Therefore, the state serves vital roles in correcting market failure, ensuring a minimum standard of living, and conducting monetary policy. At the same time, the state should pursue these goals with minimal interference and under the check of inclusive institutions to free it from the influence of corporations, unions, and other special interests. We believe public policies should be evaluated on how well they achieve their goals. We strive to avoid the failures of collectivists who employ means that are fundamentally inconsistent with the egalitarian ends they seek to attain. For this reason, we support empirical, pragmatic policy grounded in economics. Neoliberals also support classical liberal values such as freedom of speech, freedom of religion, and freedom of the press (to name a few) Neoliberals are flexible in their policy prescriptions but are unified in their support for lowering barriers on trade and immigration while also supporting a tax on carbon emissions. We do not all subscribe to a single comprehensive ideology but instead find common ground in liberal priors. Differences within our views often come down to how much redistribution is appropriate and what empirical burden is needed to justify state action.

/r/neoliberal Thread