paternalism
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Related to paternalists: paternalism
paternalism
an approach to the management of employees or subordinates in which considerable importance is attached to looking after their interests as viewed and defined by the employer or superior. Paternalism is often associated with hostility to TRADE UNIONS since unions attempt to give independent expression to employee interests. See MANAGEMENT STYLE, WELFARE.Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
paternalism
the belief that individuals are not the best judges of their own interests and that the government is better able to determine the policies that are most appropriate to serve the interests of the public. Paternalism provides a justification for CENTRALLY PLANNED ECONOMIES.Compare SELF-INTEREST.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005