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deindustrialize

   Also found in: Financial, Wikipedia, Hutchinson 0.04 sec.
de·in·dus·tri·al·ize  (dn-dstr--lz)
v. de·in·dus·tri·al·ized, de·in·dus·tri·al·iz·ing, de·in·dus·tri·al·iz·es
v.tr.
To cause (a nation or area) to lose or be deprived of industrial capability or strength: felt that America was being deindustrialized by foreign competition.
v.intr.
To undergo or suffer loss of industrial infrastructure and potential.
dein·dustri·al·i·zation (--l-zshn) n.
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Whether the choice was made with an awareness of the social consequences is, of course, a nother matter; but it is clearly the case that the choice to deindustrialize was made with a thorough understanding of who would lose in the new economy.
CONVERGENCE BY CONVICTION: POLITICS AND ECONOMICS IN THE EMERGENCE OF ... by Cronin, James E. / Journal of Social History
McKenzie shows that the United States did not deindustrialize during the 1980s.
What Went Right in the 1980s by Roberts, Paul Craig / Reason
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