liquidationism
Noun
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Noun
liquidationism (uncountable)
- (politics, Marxism) In Marxist theory, the ideological liquidation (negation) of the revolutionary party program or the hierarchical leadership by party members.
- 1919, Tomáš Garrigue Masaryk, The Spirit of Russia: Studies in History, Literature and Philosophy, Volume 2, translated from German by Eden and Cedar Paul, page 298.
- quote en
- 1919, Tomáš Garrigue Masaryk, The Spirit of Russia: Studies in History, Literature and Philosophy, Volume 2, translated from German by Eden and Cedar Paul, page 298.
- (economics, libertarianism) The belief that no actions to mitigate the effects of recessions should be taken by the government or the central bank, since the liquidation of struggling companies is a solution in itself.
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.002