May each of you have the heart to conceive, the understanding to direct, and the hand to execute works that will leave the world a little better for your having been here. -- Ronald Reagan

Thursday, April 30, 2009

Statism ( Beginning Now, I'll Be Using This Word Instead of Liberal or Liberalism)

Statism (or Etatism) is a term that may refer to any (or all) of the following:
Government having a major role in the direction of the economy, both through state-owned enterprises and indirectly through the central planning of overall economy.

The "concentration of economic controls and planning in the hands of a highly centralized government."

The Facist concept of statism which holds that "basic concept that sovereignty is vested not in the people but in the national state, and that all individuals and associations exist only to enhance the power, the prestige, and the well-being of the state. The fascist concept of statism repudiates individualism and exalts the nation as an organic body headed by the Supreme Leader and nurtured by unity, force, and discipline."

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