statism

noun
stat·​ism | \ ˈstā-ˌti-zəm How to pronounce statism (audio) \

Definition of statism

: concentration of economic controls and planning in the hands of a highly centralized government often extending to government ownership of industry … although dictator Augusto Pinochet made it the first Latin American country to steer away from statism in 1982, Chile struggled for seven years before the economy finally soared.— Marc Levinson with Tim Padgett Russia badly needs basic economic reform, not the roller-coaster-like changes between "free market" austerity and old-style statism.Forbes

Examples of statism in a Sentence

Recent Examples on the Web The ideology of the gold standard was laissez-faire; that of the Ph.D. standard (let’s call it) is statism. James Grant, WSJ, "The Fed Could Use a Golden Rule," 11 July 2019 The fact that this anti-statism, following the horseshoe, creates common ground between left populism and right populism, with all the hate, violence and injustice the latter breeds, is not a matter Stoller pursues. Benjamin C. Waterhouse, Washington Post, "A history of America’s fight against monopolies," 6 Dec. 2019 For those who might decry this as nanny-statism, a couple of points: First, the tax credit would be an optional incentive. BostonGlobe.com, "In an age of Photoshop, it’s what is real that counts — especially about our standard of beauty - The Boston Globe," 21 Nov. 2019 Some of the Westerners dared to suggest that autocratic statism might harm China in the long term. The Economist, "The West is now surer that China is not about to liberalise," 14 Nov. 2019 For those who lose sleep over this matter, the gold medal for income inequality goes to Washington, D.C., the pounding heart of Big Government statism. Deroy Murdock, National Review, "I Dream of Gini: Income Gap Grows under Trump, Obama — but So What?," 11 Oct. 2019 Some of the sentiments expressed by the Rooseveltian national conservatives, by contrast, came dangerously close to endorsing the civil-society-consuming statism to which Burke was so opposed. Nate Hochman, National Review, "A Big-Government Nationalism, or a Burkean One?," 25 July 2019 David Friedman, emancipated from the statism of his father, Milton, admitted that the market might not be able to handle such problems perfectly; but government handles them even less perfectly. Richard Brookhiser, National Review, "Moving Portrait," 4 June 2019 As a general rule, a recommendation to follow the European Union down the rabbit hole of statism never delivers as advertised. WSJ, "Rent-Seeking Can Be Abused but Has Plusses," 11 Apr. 2019

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

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First Known Use of statism

1890, in the meaning defined above

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The first known use of statism was in 1890

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Statistics for statism

Last Updated

3 Jan 2020

Cite this Entry

“Statism.” The Merriam-Webster.com Dictionary, Merriam-Webster Inc., https://www.merriam-webster.com/dictionary/statism?show=0&t=1384707764. Accessed 28 January 2020.

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