marketization

noun

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

Example Sentences

Recent Examples on the Web 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 Since the collapse of the USSR and the marketization of the People’s Republic of China, the true opposition has been obscured, and fascism has stepped in to fill the gap as liberalism’s sparring partner. Malcolm Harris, New Republic, 15 May 2017 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'marketization.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/marketization. Accessed 8 Dec. 2022.

Last Updated: - Updated example sentences
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