Fair enough from a pedantic point of view, but I was using the term in this sense, as it is the most recognizable modern term to describe serious economic positions of this kind:

Neoliberalism is a political and economic philosophy that emphasizes free markets, reduced government intervention, and individual liberty. It's often associated with policies like deregulation, privatization, and free trade. Proponents believe these measures foster economic growth, efficiency, and individual prosperity. However, critics argue that neoliberal policies can lead to increased inequality, social instability, and exploitation

And my point was here they were applauding policies involving clear government intervention.