liberismo

economic liberalism, free-market doctrine

noun lee-beh-REES-moh Rare

Usage Note

Liberismo refers specifically to laissez-faire economic liberalism — minimal state intervention in markets. It is distinct from liberalismo ('liberalism' in a broader political sense). The two are easily confused by learners; liberismo is strictly economic, while liberalismo can also apply to civil liberties and political philosophy.

Examples

"Il liberismo favorisce il libero mercato."

Natural Translation

Economic liberalism favours the free market.

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