Communitarianism is a philosophy that emphasizes the connection between the individual and the community. Its overriding philosophy is based on the belief that a person's social identity and personality are largely molded by community relationships, with a smaller degree of development being placed on individualism. Although the community might be a family, communitarianism usually is understood, in the wider, philosophical sense, as a collection of interactions, among a community of people in a given place (geographical location), or among a community who share an interest or who share a history. Communitarianism is often contrasted with individualism, and generally opposes laissez-faire policies that deprioritize the stability of the overall community.
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👉 Communitarian in the context of Import substitution industrialisation
Import substitution industrialization (ISI) is a protectionist trade and economic policy that advocates replacing foreign imports with domestic production. It is based on the premise that a country should attempt to reduce its foreign dependency through the local production of industrialized products. The term primarily refers to 20th-century development economics policies, but it has been advocated since the 18th century by economists such as Friedrich List and Alexander Hamilton.
ISI policies have been enacted by developing countries with the intention of producing development and self-sufficiency by the creation of an internal market. The state leads economic development by nationalization, subsidization of manufacturing, increased taxation, and highly protectionist trade policies. In the context of Latin American development, the term "Latin American structuralism" refers to the era of import substitution industrialization in many Latin American countries from the 1950s to the 1980s. The theories behind Latin American structuralism and ISI were organized in the works of economists such as Raúl Prebisch, Hans Singer, and Celso Furtado, and gained prominence with the creation of the United Nations Economic Commission for Latin America and the Caribbean (UNECLAC or CEPAL). They were influenced by a wide range of Keynesian, communitarian, and socialist economic thought, as well as dependency theory.
Communitarian in the context of New Conservatism (China)
Conservatism in China (simplified Chinese: 保守主义; traditional Chinese: 保守主義; pinyin: bǎoshǒu zhǔyì) emphasizes authority and meritocracy stemming from Confucian values, and economically, it aims for state capitalism rather than free markets. Many Chinese conservatives reject individualism or classical liberal principles and differ from modern Western conservatism because Chinese conservatism has a strong communitarian element. A major concern of modern Chinese conservatism is the preservation of traditional Chinese culture.