Neo-liberal theory of IR

Question

14 Sep 2022

Answer :

Word Count : 235

Neoliberalism is an updated version of the classical liberal economic thought that was dominant in the US and UK prior to the Great Depression of the 1930s. From roughly the mid 1930s to the mid 1970s a new interventionist approach replaced classical liberalism, and it became the accepted belief that capitalism requires significant state regulation in order to ___ ______ __________ ____ _____ _________.
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