What is another word for economism?

Pronunciation: [ɪkˈɒnəmˌɪzəm] (IPA)

Economism refers to a narrow or one-dimensional view of economics where all values and issues are reduced to monetary terms only. Its synonyms include economization, economizing, and economistic. Economization is reducing expenditures or costs, while economizing is making the most efficient use of resources. Economistic pertains to or having the characteristics of economism. Other synonyms are commercialism, materialism, and consumerism, which also emphasize the focus on commerce and material things. Conversely, antonyms for economism are altruism, idealism, and philanthropy, which prioritize the greater good over monetary gain. Choosing synonyms that accurately reflect the intended meaning can help ensure clear communication and avoid misunderstandings.

What are the hypernyms for Economism?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Economism

  • I had before me the product of two mutually exclusive philosophies. economism would insist that having made the perfect pencil, Thoreau should make more pencils and sell them for money with which to buy more material to make still more pencils to sell for money to buy still more material, and so on, because the making and selling of pencils is the whole content of life. Thoreau did not believe it is the whole content of life. It was clear that economism's philosophy was the only one which my companion was capable of accepting. Detach him from his particular specialised practice of it, and existence would have no further meaning for him; and in this he was representative of the great bulk of society in this present age.
    Albert Jay Nock

Related words: economism meaning, economism theory, law of economism, economism vs neoliberalism, economism wiki, what is economism theory, normative economics as economism

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