What is ‘neoliberalism’ and ‘corporatisation’?

Question

Edit: What are pros and cons?

In: 5

Answer 1

Neoliberalism is when people think the government should do less and people with companies should do more. If a government owns all the trains, a neoliberal would want the government to sell all the trains to companies. The process of selling something owned by the government to a company is called corporatization.