laborism
noun
la·bor·ism
variants:
or British labourism \ ˈlābəˌrizəm \
plural -s
Definition of laborism
1 usually capitalized
a
: the principles and policies of the Labour party
b
: the Labour party or its members
2
: a system chracterized by policies and attitudes favoring a predominance of labor and its interests in economics and politics
laborism and not … imperialism is the policy of the latest stage of capitalism— J. A. Schumpeter
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