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Glite Dictionary
🔒 Focus on privacy 🏛️ Private over public
privatism

privatism

9.0
A belief that public services and industries should be run by private companies
  • noun
  • /ˈpraɪvɪˌtɪzəm/
translation icon : privatización
  • Supporters of privatism argue that transferring public services to private ownership can lead to better management and quality.

Examples

  • Supporters of privatism believe it increases efficiency and innovation in formerly state-run industries.

  • Critics argue that privatism can reduce access to essential utilities for low-income families.

  • The rise of privatism has led to debates about the role of government in public services.

  • The rise of privatism has changed how public services are managed.

  • Many politicians advocate for privatism in the education sector.

  • The debate over privatism often centers on its impact on the availability of essential services for the public.

  • Many economists promote privatism as a means to foster competition and drive down prices in industry.

Antonyms

public property
14 2.8

Property owned by the government that people can use

nationalization
  • Specialized
9 7.0

Taking a business or industry into government ownership

How Private

privatism
9.0
privatization
  • US
61 6.7
mixed economy
  • Specialized
2 4.1
nationalization
  • Specialized
9 7.0

Surface Forms

privatism singular
privatisms plural

Morphology

privatism = private (transparent) = private + ism

The political/economic sense is the doctrinal application of 'private' + '-ism' indicating support for private ownership or control.

Etymology

Privatism comes from private, from an old Latin root priv- meaning 'not public' or 'separate'. So in politics and economics, privatism is the belief that services or industries should move out of public hands and into private hands, like when a government company becomes private.