LIQUIDATIONISM

Etymology

Noun

liquidationism (uncountable)

(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.

Source: Wiktionary



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Word of the Day

18 November 2024

AWRY

(adjective) not functioning properly; “something is amiss”; “has gone completely haywire”; “something is wrong with the engine”


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Coffee Trivia

There are four varieties of commercially viable coffee: Arabica, Liberica, Excelsa, and Robusta. Growers predominantly plant the Arabica species. Although less popular, Robusta tastes slightly more bitter and contains more caffeine.

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