hooverism

/ˈhuːvərɪzəm/

Definitions

1. noun

a type of economic policy or ideology advocated by Herbert Hoover, characterized by laissez-faire capitalism and limited government intervention.

“The politician’s views were criticized for promoting a brand of hooverism that benefited the wealthy elite.”

Synonyms

  • laissez-faire capitalism
  • neoliberalism

Antonyms

  • communism
  • socialism