liquidationism

English dictionary entry

Meanings

noun
  1. In Marxist theory, the ideological liquidation (negation) of the revolutionary party program or the hierarchical leadership by party members.
  2. 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

liquidationism

Etymology

From liquidation + -ism, calque of Russian Ликвидаторство (Likvidatorstvo), possibly via German. First attested in 1919.

Translations

Greek: λικβινταρισμός
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