Glossary

authoritarian – adj. of or pertaining to a governmental or political system, principle, or practice in which individual freedom is held as completely subordinate to the power or authority of the state, centered either in one person or a small group that is not constitutionally accountable to the people.
coercion – n. force or the power to use force in gaining compliance, as by a government or police force.
collectivism – n. The principles or system of ownership and control of the means of production and distribution by the people collectively, usually under the supervision of a government.
coup – is the sudden overthrow of a government by a part of the state establishment- usually the military to replace the branch of the stricken government, either with another civil government or with a military government.
communism – n. a form of socialism that abolishes private ownership
democracy – n. the political orientation of those who favor government by the people or by their elected representatives
fascism – n. a political theory advocating an authoritarian hierarchical government (as opposed to democracy or liberalism)
federal reserve – n. the central bank of the United States; incorporates 12 Federal Reserve branch banks and all national banks and state-chartered commercial banks and some trust companies; “the Fed seeks to control the United States economy by raising and lowering short-term interest rates and the money supply”
fiat money – n. money (as paper currency) not convertible into coin or specie of equivalent value.
fraud – n. deceit, trickery, sharp practice, or breach of confidence, perpetrated for profit or to gain some unfair or dishonest advantage.

free market – n. an economic system in which prices and wages are determined by unrestricted competition between businesses, without government regulation or fear of monopolies.
individualism – n. a belief in the importance of the individual and the virtue of self-reliance and personal independence
inflation – n. a persistent, substantial rise in the general level of prices related to an increase in the volume of money and resulting in the loss of value of currency.
libertarianism – n. One who advocates maximizing individual rights and minimizing the role of the state
Marxism – n. the economic and political theories of Karl Marx and Friedrich Engels that hold that human actions and institutions are economically determined and that class struggle is needed to create historical change and that capitalism will ultimately be superseded by communism

militarism – n. the tendency to regard military efficiency as the supreme ideal of the state and to subordinate all other interests to those of the military.

nationalization – A government takeover of a private business.

police state – a country that maintains repressive control over the people by means of police (especially secret police)

racket – n. a dishonest scheme, trick, business, activity, etc.
racketeering – the practice of conducting or engaging in a racket, as extortion or bootlegging.
republic – n. a political system in which the supreme power lies in a body of citizens who can elect people to represent them
socialism -n. a political theory advocating state ownership of industry
totalitarian – adj. of or pertaining to a centralized government that does not tolerate parties of differing opinion and that exercises dictatorial control over many aspects of life.

WordNet® 3.0. Princeton University. 25 Feb. 2008.

The American Heritage® Dictionary of the English Language, Fourth Edition. Houghton Mifflin Company, 2004. 25 Feb. 2008.

Advertisements
%d bloggers like this: