laborism

noun

la·​bor·​ism

variants or British labourism

ˈlābəˌrizəm

plural -s

1

usually capitalized

a

: the principles and policies of the Labour party

b

: the Labour party or its members

2

: a system characterized 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

Word History

First Known Use

1891, in the meaning defined at sense 2

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