Neoliberalism
Neoliberalism is a philosophy at the "center" of the American political landscape. It is globalist rather than nationalist in orientation. It is neither authoritarian nor libertarian in regard to powers granted to the state. It is neither purely capitalist nor socialist in terms of economics, but calls for more of a "mixed" or "corporatist" system. Neoliberals also generally support government provision of a significant social safety net for the financially least well off.
The philosophy calls for some economic spheres to be governed by market principles and others to be planned and regulated by the democratic state. Mainstream Democrats like Bill Clinton could be considered left-leaning neoliberals, whereas mainstream Republicans like George W. Bush could be considered right-leaning neoliberals.
The philosophy calls for some economic spheres to be governed by market principles and others to be planned and regulated by the democratic state. Mainstream Democrats like Bill Clinton could be considered left-leaning neoliberals, whereas mainstream Republicans like George W. Bush could be considered right-leaning neoliberals.