Market fundamentalism

Market fundamentalism (or free-market fundamentalism) is a term coined by George Soros, to criticize the philosophy that the free market is always beneficial to society. As a pejorative term the people and organizations the term is intended to refer to will generally reject the label. The meaning can be considered economic liberalism or laissez-faire capitalism taken to an extreme.

Related Topics:
George Soros - Free market - Pejorative - Economic liberalism - Laissez-faire - Capitalism

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