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liquidationism Englisch

Bedeutung liquidationism Bedeutung

Was beudeutet auf Englisch liquidationism?

liquidationism

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

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