ELI5: Explain Like I'm 5

Fiscalism

Fiscalism is the idea that governments should manage their country's economy using taxes and spending to make sure that everyone is represented and that the economy is stable. It is different from other economic theories because it puts more focus on government plans than on private businesses and individual decisions. Fiscalism helps to create fairness and balance in the economy, by making sure everyone is taken care of regardless of their background.