policy of statism
- noun
- /ˈpɒlɪsi əv ˈsteɪtɪzəm/
:
política de estatismo
- Critics argued that the policy of statism stifled private business and slowed economic growth.
Examples
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Many developing nations experimented with a policy of statism during the twentieth century.
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After years of a policy of statism, the government began to privatize major industries.
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The policy of statism has been debated for decades.
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Many countries adopt a policy of statism to control resources.
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Critics argued that the policy of statism stifled private business and slowed economic growth.
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Many developing nations experimented with a policy of statism during the twentieth century.
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After years of a policy of statism, the government began to privatize major industries.
Synonyms
8
9.1
A political belief that the government controls most public life and the economy
1
7.2
A system where the government owns most big businesses but allows small businesses to operate privately
More government control of the economy
A political system where the state controls much of the economy and society
Antonyms
- Formal
1
4.1
A way of running an economy that lets businesses compete with little government control
How Statist
1
6.4
5
5.8
- Specialized
2
4.1
- Formal
1
4.1
Surface Forms
Morphology
The meaning is a straightforward composition: 'policy' (a guiding plan) + 'of' (genitive/linking preposition) + 'statism' (belief in strong state control), so it denotes a policy characterized by state control. The noun-of-noun construction is standard and cross-linguistically common, making the overall meaning directly derivable for a learner who knows the constituent words.
Etymology
Policy of statism comes from statism, built on the word 'state' meaning the government. Think of a big government hand pulling the levers of factories and shops, so the phrase means a policy where the government controls the economy and limits private business.