mar·​ket·​i·​za·​tion ˌmär-kə-tə-ˈzā-shən How to pronounce marketization (audio)
: the act or process of entering into, participating in, or introducing a free market economy

Examples of marketization in a Sentence

Recent Examples on the Web Washington must strive to convince the world that China’s current economic challenges are of its own making—the product of excess state intervention and insufficient marketization—rather than inadvertently promote the notion that the United States is responsible. Daniel H. Rosen, Foreign Affairs, 13 Nov. 2023 The first online age was that of marketization. Ian Bogost, The Atlantic, 4 Feb. 2022 As a strategy of avoidance and delay, marketization worked—for a time. Aaron Timms, The New Republic, 31 Oct. 2022 So this marketization is having its own very peculiar effect. Nicole Froio, Harper's BAZAAR, 3 May 2021 However, even ignoring the exaggerated claim about marketization, the only obvious replacement for market prices is arbitrary valuation by elites, of which one example might be Carney. Philip Cross, National Review, 23 Apr. 2021 Moral clarity of Debs’s caliber is in desperately short supply today, and the marketization of our political imagination—the reduction of politics to a marketplace of domination and defeat—is a big part of the reason why. Aaron Timms, The New Republic, 18 May 2020 Indeed, the marketization of the sport has already hurt many of them. Jonathan Chait, Daily Intelligencer, 31 Mar. 2018 It has been hollowed out by decades of outsourcing and marketization. Pankaj Mishra, New York Times, 20 June 2017

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'marketization.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1956, in the meaning defined above

Time Traveler
The first known use of marketization was in 1956

Dictionary Entries Near marketization

Cite this Entry

“Marketization.” Dictionary, Merriam-Webster, Accessed 30 May. 2024.

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