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Neoliberalism (Education)

Neoliberalism refers to an economic theory that favours free markets and minimal government intervention in the economy. It is the economic theory of the New Right (alongside a neo-conservative social philosophy) and was to the fore during the Thatcher government of the 1980s and is still a dominant ideology today. In terms of education, it promotes marketisation policies and transferring services into the private ownership rather than government control.

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