economicide

Noun

economicide (plural economicides)

1. The destruction of an economic system by replacing it with a market economy.
   • Wester privatization and collectivization both lead to economicide, or the destruction of the economic basis of reciprocity.1990, African Environment, page 514
   • On the one hand, such an approach emphasizes the destructive effects of modernity, which include the "homeless mind" psychological syndrome (Berger, Berger, & Kellner, 1974); processes of ethnocide, defined by Clastres (1988) as cultural genocide; and processes of economicide — the replacement of...1996, Sandra Braman, Annabelle Sreberny-Mohammadi, Annabelle Sreberny, Globalization, communication and transnational civil society, page 92
2. Genocide that results from destroying a people's economic basis.
   • Thus it was possible to commit genocide by means of economicide and this, in turn, was the direct result of state planning.1988, International Freedom Review: 1988:Fall-1989:Summer, page 7
   • Bolivian peasant leader and congressman Evo Morales condemned the FTAA as a “reproduction of savage capitalism” that would result in “economicide” for small producers.2002, NACLA Report on the Americas - Volume 36, page 1