conservatism

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Conservatism

The philosophy that what has been done should continue to be done as long as there is not a positive reason to change it. Conservatives may favor class distinctions as natural, or at least not harmful. In modern times, conservatism has become associated with the political right, or the belief that capitalism and the free market tend to best determine how an economy ought to be organized.

conservatism

or

prudence

see ACCOUNTING CONCEPTS.
References in periodicals archive ?
29) In addition, many exiled ultraconservative Muslims returned to Tunisia following the revolution, such as Shaykh Bechir Ben Hassan, a leader within Tunisia's Salafist landscape who has been active in spreading ultraconservative Islam ever since his return to Tunisia.
Since then, however, small numbers of Salafists have emerged propagating an ultraconservative form of the religion.
Author Josue Raul Conte, a former member of the strict Neo-catechumenal Way who became disillusioned with ultraconservative Catholicism and renounced the Way for a more moderate approach, presents the novel The Stones Cry Out
Set in an America dangerously close to the one we live in today, Acts of the Saints tells how an ruthless, ultraconservative, politically powerful religious coalition has taken control of America, crushing cherished rights and freedoms, and transforming the nation into a theocracy as cruel and unforgiving as any within the Islamic world.
And so his ultraconservative parents use his innocent observation as ammunition against gay men and women.
situates the book in the era of Ezra and Nehemiah and understands it as a critique of the negative attitude in postexilic Judah toward foreigners and as a critique of an ultraconservative interpretation of "scripture" (especially the Pentateuch) in the service of power.
Radio show shock jock/comedian Adam Carolla tore himself away from his 1-month-old twins to run the live auction for the cause, and laughed when asked about his recent tangle with ultraconservative writer Ann Coulter on his show.
Son Jerome falls in love with the Caribbean daughter of an ultraconservative Christian intellectual.
Ultraconservative religious figures have deemed some music on sale in the country offensive to their interpretation of Islam.
I'M THE PERSONABLE ULTRACONSERVATIVE ATTORNEY, JOHN ROBERTS.
In an ironic move, ultraconservative President Richard Milhous Nixon signed Executive Order 11458 in March of 1959, mandating the Commerce Department to coordinate federal government programs to create and bolster black businesses.
They seem to be removing themselves from the mainstream of the church and are pushing themselves into an ultraconservative corner which may no longer appeal to many, such as me.