Interventionism describes the inclination of the legislation to interfere into the economic actions of its citizens "“intervenes"”.

Argumentation

The state represents these actions in principle as necessary for the protection of its enterprises, citizens or other lobby-relevant groupings. So for example a minimum wage is to provide to increase protect tariffs and protectionism the native economy against the foreign competition the net welfare and subsidies determined economic sectors or restaurant economics promote, e.g. the former zone peripheral areas or the entry countries.

Opponents of the interventionism argue that it always comes by it to a Fehlallokierung of economical resources:

• Minimum wages produced unemployment,
• Tariffs and protectionism caused the collapse of whole industries with their omission and
• Subsidies led to the Verschwendung of public funds, both with direct subsidies (the state gives money), and with indirect subsidies (the state does with certain writing-off facts without income tax portions). The latter led dwelling and ungenutzen supermarket centers for example to a gigantic surplus of empty-marriage-emptying marriage that in East Germany.

Foreign policy

With regard to foreign policy interventionism designates a form of the policy, which intervenes militarily or indirectly in the interests of other states, i.e. interferes in their internal affairs or their conflicts with neighbour states. The term became in 20. Century by the numerous interventions and invasions of the USA in Latin America coined/shaped.

See also

Social politics, economic policy, Austrian school, Keynesianismus

Articles in category "Interventionism"

We found here 26 articles.