Final answer:
The neoliberal perspective on world economics advocates for free market capitalism with minimal government intervention, the promotion of open international trade, and structural adjustments that prioritize economic goals and individual rights, sometimes centering corporate liberties.
Step-by-step explanation:
The neoliberal perspective on world economics champions the ideas of free market capitalism, which includes deregulation, privatization, open international trade, and limited government intervention in the economy. Neoliberal policies are often associated with the Washington Consensus, which emphasizes structural adjustment programs including austerity measures and the protection of property rights. While neoliberalism promotes economic goals such as avoiding significant inflation and encouraging free trade, it also encourages individual rights such as freedom of speech and political participation. However, contemporary usage sometimes sees a shift where the rights and liberties neoliberalism seeks to protect are those of corporations, which can wield substantial influence over individuals' lives. Although there has been some political role reversal in recent times, with Republicans opposing and Democrats supporting certain free trade agreements like NAFTA and TPP, these developments reflect the complex nature of neoliberalism in modern politics.