<p>Market Fundamentalism is a political ideology that strongly advocates for the unfettered operation of the free market economy. It is rooted in the belief that markets, when left to their own devices, can regulate themselves and deliver the most efficient and fair distribution of resources. This ideology is often associated with laissez-faire economics, which opposes government intervention in economic affairs beyond the minimum necessary for the maintenance of peace and property rights.</p>
<blockquote> <p>The term "Market Fundamentalism" was popularized by George Soros, a Hungarian-American investor and philanthropist, in his book "The Crisis of Global Capitalism" published in 1998. Soros used the term to critique the widespread acceptance and application of free-market economics, which he believed had become a kind of unquestioned doctrine, akin to religious fundamentalism.</p> </blockquote>