Neoliberalism
Neoliberalism is the form of liberalism which includes policies of economic privatization, deregulation, globalization, monetarism, austerity, and increases in military and police spending. Neoliberalism is the dominant variant of capitalism in the world today at least in the West, replacing the welfare systems which existed beforehand in the 1970s–1980s and embodied in people such as Ronald Reagan and Margret Thatcher.
Neoliberalism is a strand of liberalism distinct from social democracy, In which the workers were given much more concessions whereas neoliberalism only distinguishes itself from traditional right-wing ideologies like conservativism, as more 'socially progressive', although this is usually just symbolic than actually addressing problems.
Neoliberalism is typically thought of a form of soft power from the imperial core against countries to implement its measures, in opposed to neoconservatism which uses hard power through military interventions such as in Iraq, Libya and Vietnam.