Although the word is rarely heard in the United States, you can clearly see the effects of neo-liberalism here as the rich grow richer and the poor grow poorer. In the U.S., political liberalism has been a strategy to prevent social conflict. It is presented to poor and working people as progressive compared to conservative or Rightwing.
Economic liberalism is different.
The Rule of the Market . No more price controls. All in all, total freedom of movement for capital, goods and services. Cutting Public Expenditure for Social Services . Of course, they don't oppose government subsidies and tax benefits for business.