The term statesman is a respectful term used to refer to diplomats, politicians, and other notable figures of state. It is often used in the context of international or foreign affairs, for example, "a meeting of statesmen." Foreign ministers are often called statesmen, for example, while more local level officials, such as mayors are not.
Whether or not an individual actually is a statesman, is generally a matter of opinion, although in some cases there is little controversy. Politicians who are regarded as statesmen are usually old and popular, with long distinguished careers.
Generally, one can use the word as an euphemism for politician. When a politician retires, he is often referred to as a "respected elder statesman" by his supporters.
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Aristotle -- "What the statesman is most anxious to produce is a certain moral character in his fellow citizens, namely a disposition to virtue and the performance of virtuous actions."
Elder: Well, he never should have taken the job [as secretary of housing and urban development] unless his intention was to shut the agency down.
Elder: What explains it is a seething feeling that is fanned by fl leadership that the system is rigged--"They're out to get you"--the great white oppressors lurk in the corner and will strike you down when they have an opportunity.
Elder: America owes a debt to fl people: When fls were freed they should have been compensated, but they weren't.