The multi-faceted political and economic philosophy that emphasizes privatization and unregulated markets is neoliberalism.
Philosophy is the systematic study of general and fundamental questions such as existence, reason, knowledge, values, mind and language. Such questions are often asked as problems to be investigated or solved.
It is the rational search for basic truths, the search for understanding, the study of behavioral principles. It seeks to establish standards of evidence, provide rational methods for resolving conflicts, and develop techniques for evaluating ideas and arguments.
Philosophy is a collection of ideals, standards, or beliefs used to explain behavior and thought. A typical example of philosophy is Buddhism.
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