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 ?
It should be noted that direct characterizations of Burke, Kirk, and even Dewey make up only a modest portion of Conservatism and Pragmatism; the book is in fact rather wide-ranging in its scope, treating many thinkers.
While there are indeed important relationships between conservatism and pragmatism, Vannatta finds parallels partly by effectively re-defining conservatism as something that very closely resembles Deweyan pragmatism.
A year later Viereck published Conservatism Revisited, which gave the "New Conservatism" its name.
Andrews doctoral dissertation--which became the basis for The Conservative Mind--but he came to see them as variations on a deeper theme of Anglo-American civilization, whose conservatism was rooted in the life and thought of Edmund Burke.
The adherents of this mode of what might be termed presumptive conservatism develop the case for their change-resistant position along the following lines:
A key feature of this presumptive conservatism is that it does not call for a total embargo on innovative change.
But unlike so many partisan critics of conservatism who are only too happy to define conservatism by and dilate upon its worst moments, Allitt, without sweeping its lapses and bad tendencies under the rug, seeks to understand conservatism in light of its most thoughtful expounders and influential practitioners.
While federalists led by Adams, Hamilton, and George Washington were seeking to consolidate the power of the national government, a conservatism emerged in the antebellum south that emphasized states' rights and small government.
Pipes distances Russian conservatism from its West European counterparts and from the historiography of Western conservatism, which considers conservatism a conscious and coherent intellectual movement, a "style of thought" that evolved in reaction to the appearance of new "progressive" ways of imagining the political past, present, and future of a nation.
This definition of conservatism extends Pipes's catalogue of conservative thinkers to include everyone who merely spoke in favor of the autocracy's preservation--or failed to speak out against it.
compassionate) conservatism who has been consistently and severely criticized as such by mainstream movement conservatives--as standing "firmly within an American conservative tradition" that is driven by "the revolutionary objective of overturning the liberal order.
And in a section attempting ingenuously to tie the 1920s eugenics movement to conservatism, the following caveat appears: "The Catholic church, despite its dedication to strong families and maternal roles for women, resisted negative eugenics.