Liberalism is a political doctrine which is concerned with the protecting and enhancing the liberty of an individual.
It gives importance to human individuality, and aims at liberation of the individual from complete subservience to the group, custom, law, and authority.
Liberalism stands for the emancipation of the individual.
Neo-Liberalism is an ideology that emphasizes the value of free market competition. It is most commonly associated with laissez-faire economics.
In particular, neoliberalism is often characterized in terms of its belief in sustained economic growth as the means to achieve human progress, minimal state intervention in economic and social affairs.
Friedrich Hayek is considered as the father of neo liberalism.
