Ethel backs reductions in government spending and encourages partnerships between government and business to address welfare. Ethel's view is best characterized as Neoliberal
Two pillars of capitalism are emphasized by neoliberal economic policies: privatization, or the transfer of ownership, property, or businesses from the public to the private sector, and deregulation, or the elimination of government oversight of industry.
Politics and economics are both included in the neoliberal political philosophy. It supports private enterprise and aims to give the private sector power over economic variables instead of the government. Numerous neoliberal programs aim to reduce public ownership, government spending, and regulation in order to ensure that capitalism operates well.
Neoliberalism has been under fire from both left and right-wing politicians and economists, especially since the 2008–2009 global financial crisis.
To know more about Neoliberal
brainly.com/question/14988411
#SPJ4
