liquidationism

liquidationism englanniksi

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

2. 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.

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3. The belief that no actions to mitigate the effects of recessions should be taken by the government or the bank, since the liquidation of struggling companies is a solution in itself.