Free Market Ideology

AKA: Libertarian Economic Belief System.
Context:
- It can be held by a Free Market Ideologue.
- It can (typically) espouse Private Property Rights.
- It can (typically) propose Free Markets.
- It can range from being a Weak Free-Market Fundamentalist Ideology to being a Free-Market Fundamentalist Ideology.
- …
Example(s):
- a Classical Liberalism.
- a Neo-Liberalism.
- …
Counter-Example(s):
- a Communistic Ideology.
- a Fascist Ideology.
- a Communitarian Ideology.
See: State Interference, Utilitarianism, Libertarian Social Ideology.

References

[George Monbiot]]. (2016). “Neoliberalism – The Ideology at the Toot of all our Problems."
- QUOTE: Neoliberalism sees competition as the defining characteristic of human relations. It redefines citizens as consumers, whose democratic choices are best exercised by buying and selling, a process that rewards merit and punishes inefficiency. It maintains that “the market” delivers benefits that could never be achieved by planning. … As Tony Judt pointed out in Ill Fares the Land, Hayek forgot that vital national services cannot be allowed to collapse, which means that competition cannot run its course. Business takes the profits, the state keeps the risk. … What the history of both Keynesianism and neoliberalism show is that it’s not enough to oppose a broken system. A coherent alternative has to be proposed. …

Nick Cohen. (2014). “do we still honour free-market intellectuals?”. In: The Observer, 2 August 2014
- QUOTE: There are principled arguments against the state interfering in businesses, just as there are principled arguments against the state telling adults what they must eat and how much sugar should be in their bottles of Coca-Cola. It is just that whether they are coping with failed financial systems or an obesity epidemic, modern societies have learned the hard way that they no longer have the luxury of believing them.