Verstandism

Verstandism also known as Verstandismus in German is the ideology of German born economist Hermann Verstand. It is commonly described as a form of extremely conservative Communalism. It traditionally opposes anarchy, socialism, and any kind of economic regulations. It is also primarily focused on Austrian economics and believes in the upholding the free market and despite having a large state, only using it to crack down on crime, trade, and the military. As opposed to things such as welfare and regulations.