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economism
[ ih-kon-uh-miz-uhm ]
noun
- the theory or practice of assigning primary importance to the economy or to economic achievement.
economism
/ ɪˈkɒnəˌmɪzəm /
noun
- 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
- the belief that the main aim of a political group, trade union, etc, is to improve the material living standards of its members
- 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
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Word History and Origins
Origin of economism1
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