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 ?
They also point to rising Muslim conservativism that they say affects government officials' dealings with Christians.
Its NHS and schools reforms are rooted in classic free-market Conservativism, and could increase social division.
These results go hand in hand with the cultural victories that we are winning against fundamentalism and conservativism, such as the passage of the Equal Marriage Law.
Explorations of particular family histories defy expectations, both about class insularity and commercial and cultural innovation or conservativism.
But Qirbi's comments underscored how Washington must tread carefully as it strengthens its partnership with Yemen's fragile government, which has little control over large parts of the country outside the capital and rules over a population where Islamic conservativism and mistrust of the Unites States is widespread.
Perhaps it is our species' essential conservativism.
The group's collaborative practice can be viewed as an urgent response to the political and cultural conservativism of the '80s--in which the art establishment endorsed a fierce return to traditional modes of production and circulation (i.
In his reflections on Stahl, Drucker goes on to describe a lively, dynamic conservativism (lebendiger konservatismus) in which history is viewed as a succession of contingent events and behaviors; that is, events and behaviors that might have never occurred, and always under the watchful care of Divine Providence (Die Augen Gottes).
Liberalism, as Dacey holds, is not the opposite of conservativism but rather the priority of individual liberty.
While most studies of late eighteenth century Anglicanism emphasize its stodgy conservativism, its advocacy of the established order, Steedman finds a much more compassionate religious perspective in Murgatroyd.
Ultimately, it depends upon the voters -- who they choose," he said, calling for a "return to fiscal conservativism as a social norm.
At the same time, given the present religious revivalism and right wing conservativism in Indonesia, it is intriguing to study whether the present discourse on the subject is not framed normatively, not unlike what is presented by Hoadley.

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