ANTIMARKET Meaning and
Definition
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Antimarket can be defined as an ideological or socio-economic concept that opposes or critiques the principles and mechanisms of a traditional market economy. It involves rejecting or challenging the idea of market forces, free competition, and profit-driven transactions as the primary drivers of economic activity.
An antimarket perspective typically emphasizes egalitarian or communal values, advocating for alternative economic systems that prioritize social justice, equity, and collective decision-making. This viewpoint believes that markets tend to perpetuate and exacerbate social inequalities, environmental degradation, and other negative consequences associated with capitalism.
Proponents of antimarket ideas often argue for the need to redistribute wealth and resources in order to reduce inequality and provide basic necessities to all individuals. They may advocate for government intervention through regulation, taxation, or even a complete reconfiguration of the economic system to achieve their desired outcomes.
Antimarket thought is frequently associated with various alternative economic theories, such as socialism, communism, or participatory economics. However, it is important to note that not all those who criticize certain aspects of markets or argue for their regulation can be categorized as antimarket. The term specifically refers to a more radical rejection of market principles and a call for alternative economic structures.
Common Misspellings for ANTIMARKET
- antimasket
- antimarker
- zntimarket
- sntimarket
- wntimarket
- qntimarket
- abtimarket
- amtimarket
- ajtimarket
- ahtimarket
- anrimarket
- anfimarket
- angimarket
- anyimarket
- an6imarket
- an5imarket
- antumarket
- antjmarket
- antkmarket
- antomarket
Etymology of ANTIMARKET
The term "antimarket" is a compound word consisting of two components: "anti-" and "market".
The prefix "anti-" comes from the Greek word "antí", meaning "against" or "opposite". In English, it is used to indicate opposition, resistance, or negation of something.
The word "market" originates from the Latin word "mercatus", which referred to a gathering or public place where goods were bought and sold. Over time, it came to represent the economic system of buying and selling goods and services.
Combining these two components, "antimarket" indicates opposition or aversion to the concept of a market or a market-driven economy, suggesting an alternative economic system or approach.
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