neoliberalism

Neoliberalism refers to a political  movement that espouses economic liberalism as a means of promoting economic development and securing political liberty. The movement is sometimes described as an effort to revert to the economic policies of the 18th and 19th centuries classical liberalism. Strictly in the context of English-language usage the term is an abbreviation of "neoclassical liberalism", since in other languages liberalism has more or less retained its classical meaning.
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Noun
1. a political orientation originating in the 1960s; blends liberal political views with an emphasis on economic growth
(hypernym) liberalism