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Statism
01
the belief in or practice of giving a central government significant control over social and economic affairs
statism
n
state
n
Example
The debate between statism and laissez-faire capitalism centers on the extent to which the state should intervene in the economy and regulate private enterprise.
Critics of statism warn that excessive government control can lead to inefficiencies, a lack of individual freedoms, and the potential for authoritarian rule.
Statism can be observed in various forms, from welfare states with extensive social safety nets to more authoritarian regimes that exert tight control over both the economy and civil liberties.
Statism is a political system or ideology that emphasizes the role of the state in controlling economic and social policy, often advocating for significant government intervention in various aspects of life.
Proponents of statism argue that a strong, centralized government is necessary to ensure social justice, economic stability, and the provision of public goods and services.
