In the United States, at least, commentators (thinking of Vox and 538) pretend that the term has no meaning. But it does and it exists.

Here in Rich Media, Poor Democracy, Robert McChesney describes it quite easily in one paragraph.

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OCR Output (chars: 850) 

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; the rise of —
A major theme of the book 1s that Te m

main factor that accounts for the Ss eee aaa Teresa Rar the one I
hand, and the collapse of democratic political oe rosea tReet Wey

Neoliberalism refers to the policies that maximize the role of mar.
kets and profit-making and minimize the role of nonmarket insti,
tions. It is the deregulation provided by neoliberalism that has been
instrumental in allowing the wealthy media corporations to Peon

prosper as they have. Likewise, neoliberalism is a political itlae yaar
posits that society works best when business runs things and thereis
as little possibility of government “interference” with business 3

possible. In short, neoliberal democracy is one where the politica
Sector controls little and debates even less. In such a world politic

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