Commercialism Meaning: Definition, Examples, and Translations
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commercialism
[kəˈmɜːrʃəˌlɪzəm ]
Definitions
in business
The belief in the importance of making money and selling goods and services, often at the expense of other values such as art or culture.
Synonyms
capitalism, consumerism, materialism.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| commercialism |
This term is often used to describe the emphasis on maximizing profit and prioritizing commercial success over other values. It can have a negative connotation, implying exploitation or excessive focus on money.
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| consumerism |
Focuses on the protection and promotion of the interests of consumers. It also refers to a societal trend where people prioritize the acquisition of goods and services. Often used in a critical context to highlight excessive consumption.
|
| materialism |
Concentrates on the importance of physical possessions and wealth. Often carries a negative connotation, suggesting that people value material goods over more meaningful aspects of life.
|
| capitalism |
A broad economic and political system where trade, industry, and the means of production are largely privately owned and operated for profit. Discussions about economic systems, policies, and ideologies often include this term.
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Examples of usage
- The artist rejected commercialism and focused on creating art for the sake of self-expression.
- Commercialism has led to the proliferation of advertisements in every aspect of our lives.
negative connotation
The excessive emphasis on profit-making and the exploitation of resources for financial gain.
Synonyms
exploitation, mercantilism, profiteering.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| commercialism |
Use this word when referring to the emphasis on maximizing profit through commercial activities, often at the expense of other values such as culture or ethics.
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| mercantilism |
This term is historical and is suitable when discussing economic policies of European nations during the 16th to 18th centuries focused on maximizing exports and minimizing imports to build national wealth.
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| exploitation |
This word is appropriate in negative contexts where one party benefits unfairly from another's labor or resources, often involving some form of abuse or unfairness.
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| profiteering |
This word should be used in negative contexts where individuals or companies make excessive profits, especially in unethical or exploitative ways during times of crisis or scarcity.
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Examples of usage
- The commercialism of the pharmaceutical industry often comes at the cost of affordable healthcare for the general population.
- Historically, colonialism has been closely linked to commercialism and the pursuit of economic interests.
Translations
To see the translation, please select a language from the options available.
Interesting Facts
Historical Origins
- The term originated in the late 19th century to describe the increasing focus on trade and the economy.
- The Industrial Revolution played a significant role in the rise of commercialism by expanding production capabilities and consumer culture.
- Commercialism has roots in mercantilism, an economic theory that emphasized the importance of trade and commerce in wealth accumulation during the 16th to 18th centuries.
Cultural Impact
- In the 20th century, the boom in advertising changed how products were marketed, emphasizing brand loyalty and consumer behavior.
- Holidays like Christmas have been heavily commercialized, shifting focus from traditional values to shopping and gifting.
- Film and television play a significant role in shaping consumer habits through product placements and brand sponsorships.
Psychology
- Research suggests that commercialism can create a sense of dissatisfaction, as people often measure happiness through material possessions.
- The constant barrage of advertising can lead to impulse buying, triggering a reflexive need to purchase even when not needed.
- Commercialism affects social identity, as individuals often define themselves through the brands they consume.
Economics
- In a commercial society, competition drives innovation, leading to better products and services, but also to ethical dilemmas regarding consumer rights.
- Commercialism often leads to monopolies, where a single company can dominate the market, reducing choices for consumers.
- During economic downturns, commercialism can shift to focusing on essential goods, as consumers prioritize basic needs over luxury items.
Literature
- Many writers of the 19th and 20th centuries critiqued commercialism, arguing that it undermined human values and artistic integrity.
- In the world of dystopian fiction, such as in 'Brave New World,' commercialism is depicted as a mechanism of social control.
- Contemporary literature often explores themes of consumerism, emphasizing the tension between personal fulfillment and societal pressures to acquire.
Origin of 'commercialism'
The term 'commercialism' originated in the early 19th century, stemming from the word 'commercial' which refers to activities related to buying and selling goods or services. The concept of commercialism has evolved over time, reflecting the shift towards a more profit-driven economy in many societies. It has often been associated with critiques of consumer culture and the prioritization of financial gain over other values.
See also: commerce, commercial.
Word Frequency Rank
At rank #26,074, this word represents specialized academic or technical vocabulary. It's less frequently encountered but may be valuable in specific contexts.
- ...
- 26071 intrepidity
- 26072 stringy
- 26073 panelling
- 26074 commercialism
- 26075 thrash
- 26076 scoops
- 26077 inaccessibility
- ...