economism


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economism

(ɪˈkɒnəˌmɪzəm)
n
1. (Government, Politics & Diplomacy)
a. a political theory that regards economics as the main factor in society, ignoring or reducing to simplistic economic terms other factors such as culture, nationality, etc
b. the belief that the main aim of a political group, trade union, etc, is to improve the material living standards of its members
2. (Government, Politics & Diplomacy) (often capital) (in Tsarist Russia) a political belief that the sole concern of the working classes should be with improving their living conditions and not with political reforms

economism

a theory or doctrine that attaches principal importance to economic goals. — economist, n.
See also: Economics
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References in periodicals archive ?
In his view, the United States is being held back from addressing what he believes is our crucial issue--rising economic inequality--because economism has indoctrinated so much of the population.
Social and political life in India, America and Europe was drastically remade by neoliberal economism in recent decades, under, as the legal scholar David Kennedy has argued, the administration of a professional global class of hidden persuaders and status-seekers.
Although the nature of its economy has evolved, Europe today is still dominated by economism.
And however much she objects to economism, she still feels the need to make an economic case, citing research that shows that 'one of the main drivers of employment and economic activity in the countryside today is tourism or leisure-related, often associated with a historic asset; and moreover that where the National Trust has a presence it packs a significant, sustainable, economic punch'.
But gradually the economism of a more vulgar Marxism displaced the belief that it was core social relationships of hierarchy and the wage relationship which needed to be transformed in order to move beyond capitalism.
This strikes at the heart of why cultural Marxism has ultimately conserved economism.
In contrast to this economism are the contributions of political scientists such as the work of Immergut whose account of health systems development in Western Europe (5) demonstrates how deeply embedded health system change is in the wider social and political context.
It urges the EU to "embrace a Europe where the values of democracy, solidarity, equality, freedom and dignity are dominant, rather than a Europe dominated by expediencies and an economism serving the interests of extra-institutional power centres.
Economically ignorant moralism is as objectionable as morally callous economism," as the German economist Wilhelm Ropke observed.
the culture of economism leads ultimately to a form of totalitarianism, where the only thing demanded from all political institutions is not to interfere with the 'free working of the market'--a euphemism for the free wheeling and dealing of the money oligarchy that dominates the world economy and makes a charade of democratic institutions.
Taken out of context, it sounds like an advertisement for economism or an imperialist program on economic theory.
Themes of 'from urgency to strategy' and 'from abstract to concrete action' lead to the identification of three strategic options: climate communitarianism, climate economism and climate statism.