When you look up neoliberalism on Wikipedia, it talks about Reagan, Thatcher, and Pinochet who are conservatives. But /r/neoliberal and Biden are neoliberals who are proud liberals

:confusion:

  • Ericthescruffy [he/him]
    ·
    3 years ago

    Both. Other people have given far more nuanced takes but the simplest way I think you can think of it is: Liberals and Conservatives oppose each other on social issues (lgbtq rights for example), but under both modern and classical definitions of these terms they all support free enterprise. Basically If you were going to do a venn diagram: liberalism, neoliberalism, and conservatism all overlap when it comes to the idea of private ownership. They have different nuances and viewpoints on specific tax rates, regulation, et al....but fundamentally they all accept private ownership of the means of production as a given.