horizontalism

Noun

horizontalism (uncountable)

1. A political or social theory or system that advocates the equitable distribution of power in a society.
   • Horizontalism is not described as an ideology but as a relationship—a way of relating to one another in a directly democratic way while at the same time continually creating through the process of discovery.2004, John Cavanagh, Jerry Mander, editors, Alternatives to Economic Globalization: A Better World is Possible, →ISBN, page 254
   • The accounts Sitrin gathered from the direct participation in the Argentine uprising demonstrate that for many, horizontalism was perhaps an anti-ideological ideology composed of a fluid mixture of flexible, participatory, non-dogmatic values and practices oriented around consensus, federalism, and...2018, Benjamin Franks, Nathan Jun, Leonard Williams, editors, Anarchism: A Conceptual Approach, Routledge, →ISBN

   Synonyms:

   horizontalidad, horizontality

2. An approach to money creation theory pioneered by Basil Moore which states that private bank reserves are not managed by central banks.
   • Indeed, it has been said that in horizontalism, commercial banks lend to all who demand credit.2006, “Endogenous money, central banks and the banking system”, in Mark Setterfield, editor, Complexity, Endogenous Money and Macroeconomic Theory […] , Edward Elgar Publishing, →ISBN, page 171