marketization
Shift toward commerce
Marketization is the process of introducing market forces into sectors previously controlled by government or other non-market systems.
It typically involves privatization, deregulation, and competition where none existed before: the marketization of healthcare, the marketization of higher education.
The term often carries critical connotations, suggesting that market logic is being applied to areas where it may not belong.
Transfer to non-government ownership
- corporatizationRestructuring as a corporation
- divestitureDisposal of assets
- state-ownedBelonging to government
- public-to-privateConversion from state-owned
denationalization · outsourcing · concession · sell-off · tender · commercialization · liberalization · deregulation
Reducing state economic controls
- deregulationRemoving governmental business restrictions
- restructuringRearranging an existing framework
- transitionChange from one state
- transformationThorough change in form
gradualism · sequencing · conditionality · austerity · stabilization
Pro-market, anti-regulation ideology
- laissez-faireNoninterference in commerce
- capitalismPrivate profit-based economy
- commodificationTransforming into sellable goods
- economismOveremphasis on financial factors
consumerism · entrepreneurialism · individualism · competition · efficiency · incentive · Thatcherism · Reaganomics
Organized provision of treatment
- educationSystematic development of mind
- housingDwellings or protective covering
- utilitiesEssential infrastructure services
- telecommunicationsRemote signal transmission technology
energy · water · transport · pensions · prisons · welfare · infrastructure · broadcasting
privatize
Transfer to non-government ownership
- corporatizationRestructuring as a corporation
- divestitureDisposal of assets
- state-ownedBelonging to government
public-to-private · denationalization · outsourcing · concession · sell-off · tender · commercialization · liberalization · deregulation · ownership-transfer
liberalization
Reducing state economic controls
- deregulationRemoving governmental business restrictions
- restructuringRearranging an existing framework
- transitionChange from one state
transformation · gradualism · sequencing · conditionality · austerity · stabilization
neoliberalism
Pro-market, anti-regulation ideology
- laissez-faireNoninterference in commerce
- capitalismPrivate profit-based economy
- commodificationTransforming into sellable goods
economism · consumerism · entrepreneurialism · individualism · competition · efficiency · incentive · Thatcherism · Reaganomics · monetarism
healthcare
Organized provision of treatment
- educationSystematic development of mind
- housingDwellings or protective covering
- utilitiesEssential infrastructure services
telecommunications · energy · water · transport · pensions · prisons · welfare · infrastructure · broadcasting · railways
- social changecultural shift, social progress, social norms, cultural fusion, globalization
- neoliberalismderegulation, privatization, free trade, liberalization, Washington Consensus
- market shiftsboom, bust, collapse, contraction, correction
- decommunizationstatue removal, lustration, plaque removal, de-Stalinization, denazification
- privatizationprivatization, denationalization, divestiture, asset sales, healthcare privatization
marketizationcentral planning
Government directs all production
command economy · state control · state planning · planned economy · statism
marketizationnationalization
Government acquisition of industry
decommodification · socialization · collectivization · renationalization · communization
marketizationdecommodification
Withdrawing from market exchange
universalization · socialization · collectivization · deprivatization
market, marketing, supermarket, markets, marketplace, marketer, marketed, flea market, stock market