liquidationism English

Meaning liquidationism meaning

What does liquidationism mean?

liquidationism noun

— (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.