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.
All in all, total freedom of movement for capital, goods and services. Of course, they don't oppose government subsidies and tax benefits for business. This means reducing government regulation of everything that could diminsh profits, including protecting the environment and safety on the job. This entails selling state-owned enterprises, goods and services to private investors, including banks, key industries, railroads, toll highways, electricity, schools, hospitals and even fresh water. Although usually done in the name of greater efficiency, which is often needed, privatization has mainly had the effect of concentrating wealth even more in a few hands and making the public pay even more for its needs.