Neo-Liberal

In popular usage, a somewhat vague, broad variant of the traditional economic-based ideology, that describes the policies of the Democrats as redefined by Bill Clinton. In broad terms, it is the less progressive, right-leaning version that caters to corporate donors, to replace the funding lost when Reagan decimated the trade unions, the traditional mainstay of campaign finance to the Democrat Party. Roughly, synonymous with "Third Way" ("a position akin to centrism that tries to reconcile right-wing and left-wing politics by advocating a varying synthesis of center-right and centrist economic platforms with some center-left social policies").