economism
- noun
- /ˌɛkəˈnɪzəm/
- Formal
:
economismo
- In economism, the language and the tools of economics become the prism with which to view and evaluate life.
Examples
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Critics argue that applying economism to education reduces the value of learning to mere financial metrics.
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The consequence is that happiness is then measured quantitatively in material terms, a practice that leads inevitably to productivism, progress, and economism.
Blog text (17) -
In emphasizing the role of culture and values, it could be less concerned with falling into a rigid economism, which would see all historical processes as the mechanical unfolding of iron economic laws.
Academic text (1996) -
Compared with mainland China's pragmatic movement toward economism after 1978, China's socialist transformation before 1978 had a more idealistic, otherworldly orientation.
Academic text (1991) -
The use of economism can influence decision-making in health care, prioritizing cost over patient care.
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In discussions about public policy, economism often frames social issues solely in terms of economic efficiency.
Synonyms
The process of organizing services and institutions mainly by money and how well they work
Surface Forms
Morphology
economism = economy (transparent) = econom + ism
Derived from the economic/economy stem plus '-ism'; the meaning of applying economic logic as a general approach follows directly from the base.
Etymology
Economism is made from economy ('money, markets, and how people use resources') and the ending -ism ('a practice' or 'a way of doing things'). It refers to putting economic ideas into places like schools or health care, treating them like businesses.
