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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

conservatism

or

prudence

see ACCOUNTING CONCEPTS.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
But the connection between evangelical Christianity and conservative politics became clear before the end of Carter's term with the formation of Jerry Falwells Moral Majority.
Supporters of Baroness Thatcher are planning to enshrine her legacy through the creation of a major new institution to promote her political philosophy and shape future Conservative politics.
The thriving atmosphere of Atlanta, Georgia serves as the background against which these youth consume Hip Hop, and the book examines how the city's socially conservative politics, urban gentrification, race relations, Southern-flavored Hip Hop music and culture, and booming adult entertainment industry rest in their periphery.
federal law that apparently is too liberal and has been shut down because of conservative politics.
"Several leading scholars contend that young adults, in particular, have turned away from organized religion because they perceive it as deeply entangled with conservative politics and do not want to have any association with it," according to the report.
He said there was a simple difference between conservative politics and progressive ones - arithmetic.
The 'Politics and Philosophy of Inequality' has been the very marrow of Conservative politics and practice ever since Edmund Burke launched his assault upon the excesses of the French Revolution in 1790.
With its cheap and ready materials--largely cardboard and Plexiglas--replicating the site's dereliction as attentively as its contours, the piece intimated links between urban renewal and gentrification, class in-equity and claims to urban space, unrest in the banlieues and conservative politics. It was impossible not to think of T.
The event, Kaylor wrote, was convened by James Robison, a Texas-based TV preacher who was prominent in conservative politics in the 1980s.
IN her diatribe on so-called affluent council tenants (Roof over every head, Mailbag, September 20), Clr Christine Smith exposes once more the spiteful, vindictive face of Conservative politics.
Sarah Palin, the icon of US conservative politics, has addressed delegates to the national convention of the emerging Tea Party movement, proclaiming that America is "ready for another revolution".
Manor attempts to make his case by demonstrating that at key moments, the Forward advanced conservative politics either by abstaining from debate or by urging its readers to accept the judgment of wealthy and established communal leaders like Schiff and Marshall.

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