an outgrowth of the U.S. liberal movement, beginning in the late 1960s, that modified somewhat its traditional endorsement of all trade unions and opposition to big business and military buildup.
ne·o·lib·er·al·ism (nē'ō-lĭb'ər-ə-lĭz'əm, -lĭb'rə-) n. A political movement beginning in the 1960s that blends traditional liberal concerns for social justice with an emphasis on economic growth. ne'o·lib'er·al adj. & n.