Concept information
Preferred term
interventionism
Definition
- Interventionism refers to the doctrine of the limited use of political power to address the perceived shortcomings of laissez-faire capitalism. Thus, public choosers (i.e., persons such as voters, politicians, and public authorities with access to legitimized aggression) employ interventions to attempt to promote outcomes they prefer compared with those of the unhampered market process. [Source: The Encyclopedia of Libertarianism; Interventionism]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/interventionism
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