liquidationism
Meanings
noun
- In Marxist theory, the ideological liquidation (negation) of the revolutionary party program or the hierarchical leadership by party members.
- The libertarian 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.
Word forms
Etymology
From liquidation + -ism, calque of Russian Ликвидаторство (Likvidatorstvo), possibly via German. First attested in 1919.
Translations
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