Word info

market fundamentalism

Noun

Meaning

market fundamentalism (uncountable)

English Wikipedia has an article on:market fundamentalismWikipedia
(economics, derogatory) A strong, dogmatic belief in the ability of laissez-faire free market policies to solve economic and social problems.

Source: en.wiktionary.org

Examples

The fall of Wall Street is for market fundamentalism what the fall of the Berlin Wall was for communism. Joseph Stiglitz

I am against market fundamentalism. I think this propaganda that government involvement is always bad has been very successful - but also very harmful to our society. George Soros

I don't use my money to gain political influence for my private interests, which is what many rich people do, and what, in a sense, market fundamentalism does, because it is in the interests of people who have a lot of money to have as little taxes as possible. George Soros

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