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Meaning of "marginalism" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF MARGINALISM

marginalism  [ˈmɑːdʒɪnəˌlɪzəm] play
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GRAMMATICAL CATEGORY OF MARGINALISM

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Marginalism is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES MARGINALISM MEAN IN ENGLISH?

Marginalism

Marginalism is a theory of economics that attempts to explain the discrepancy in the value of goods and services by reference to their secondary, or marginal, utility. The reason why the price of diamonds is higher than that of water, for example, owes to the greater additional satisfaction of the diamonds over the water. Thus, while the water has greater total utility, the diamond has greater marginal utility. The theory has been used in order to explain the difference in wages among essential and non-essential services, such as why the wages of an air-conditioner repairman exceed those of a childcare worker. The theory arose in the mid-to-late nineteenth century in response to the normative practice of classical economics and growing socialist debates about social and economic activity. Marginalism was an attempt to raise the discipline of economics to the level of objectivity and universalism so that it would not be beholden to normative critiques. The theory has since come under attack for its inability to account for new empirical data.

Definition of marginalism in the English dictionary

The definition of marginalism in the dictionary is the economic theory that the value to the final user is the true value of the product.

WORDS THAT RHYME WITH MARGINALISM


brutalism
ˈbruːtəˌlɪzəm
capitalism
ˈkæpɪtəˌlɪzəm
colonialism
kəˈləʊnɪəˌlɪzəm
formalism
ˈfɔːməˌlɪzəm
imperialism
ɪmˈpɪərɪəˌlɪzəm
journalism
ˈdʒɜːnəˌlɪzəm
liberalism
ˈlɪbərəˌlɪzəm
literalism
ˈlɪtərəˌlɪzəm
materialism
məˈtɪərɪəˌlɪzəm
metabolism
mɪˈtæbəˌlɪzəm
minimalism
ˈmɪnɪməˌlɪzəm
nationalism
ˈnæʃənəˌlɪzəm
Orientalism
ˌɔːrɪˈɛntəˌlɪzəm
photojournalism
ˌfəʊtəʊˈdʒɜːnəˌlɪzəm
professionalism
prəˈfɛʃənəˌlɪzəm
realism
ˈrɪəˌlɪzəm
socialism
ˈsəʊʃəˌlɪzəm
surrealism
səˈrɪəˌlɪzəm
symbolism
ˈsɪmbəˌlɪzəm
vandalism
ˈvændəˌlɪzəm

WORDS THAT BEGIN LIKE MARGINALISM

marge
margent
margherita
margin
marginal
marginal costing
marginal probability
marginal seat
marginalia
marginalisation
marginalist
marginality
marginalization
marginalize
marginally
marginate
margination
margosa
margravate
margrave

WORDS THAT END LIKE MARGINALISM

alcoholism
cannibalism
citizen journalism
communalism
environmentalism
factionalism
federalism
fundamentalism
idealism
individualism
industrialism
initialism
intellectualism
multiculturalism
multilateralism
mutualism
pastoralism
photorealism
pluralism
spiritualism
traditionalism

Synonyms and antonyms of marginalism in the English dictionary of synonyms

SYNONYMS

Translation of «marginalism» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF MARGINALISM

Find out the translation of marginalism to 25 languages with our English multilingual translator.
The translations of marginalism from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «marginalism» in English.

Translator English - Chinese

边际
1,325 millions of speakers

Translator English - Spanish

marginalismo
570 millions of speakers

English

marginalism
510 millions of speakers

Translator English - Hindi

marginalism
380 millions of speakers
ar

Translator English - Arabic

الهامشية
280 millions of speakers

Translator English - Russian

маржинализм
278 millions of speakers

Translator English - Portuguese

marginalismo
270 millions of speakers

Translator English - Bengali

প্রান্তিকতাবাদ
260 millions of speakers

Translator English - French

marginalisme
220 millions of speakers

Translator English - Malay

Marjinalisme
190 millions of speakers

Translator English - German

Marginalismus
180 millions of speakers

Translator English - Japanese

marginalism
130 millions of speakers

Translator English - Korean

marginalism
85 millions of speakers

Translator English - Javanese

Marginalism
85 millions of speakers
vi

Translator English - Vietnamese

marginalism
80 millions of speakers

Translator English - Tamil

marginalism
75 millions of speakers

Translator English - Marathi

दुर्लक्ष
75 millions of speakers

Translator English - Turkish

Marjinalizm
70 millions of speakers

Translator English - Italian

marginalismo
65 millions of speakers

Translator English - Polish

marginalizmu
50 millions of speakers

Translator English - Ukrainian

маржинализм
40 millions of speakers

Translator English - Romanian

marginalism
30 millions of speakers
el

Translator English - Greek

marginalism
15 millions of speakers
af

Translator English - Afrikaans

Marginalisme
14 millions of speakers
sv

Translator English - Swedish

marginalism
10 millions of speakers
no

Translator English - Norwegian

marginalism
5 millions of speakers

Trends of use of marginalism

TRENDS

TENDENCIES OF USE OF THE TERM «MARGINALISM»

The term «marginalism» is used very little and occupies the 167.788 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Rarely used
22
/100
The map shown above gives the frequency of use of the term «marginalism» in the different countries.
Principal search tendencies and common uses of marginalism
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «marginalism».

FREQUENCY OF USE OF THE TERM «MARGINALISM» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «marginalism» during the past 500 years. Its implementation is based on analysing how often the term «marginalism» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about marginalism

EXAMPLES

10 ENGLISH BOOKS RELATING TO «MARGINALISM»

Discover the use of marginalism in the following bibliographical selection. Books relating to marginalism and brief extracts from same to provide context of its use in English literature.
1
Marx, Marginalism and Modern Sociology: From Adam Smith to ...
This book argues that sociology and economics are inseparable: that all economic theories are necessarily theories of society and that any social theory must rest on a particular conception of the economy.
Simon Clarke, 1982
2
Marginalism and Discontinuity: Tools for the Crafts of ...
Marginalism and Discontinuity offers a provocative and wide-ranging consideration of the technologies by which we attempt to apprehend the world.
Martin H. Krieger, 1989
3
Writing diaspora in the west: intimacy, identity and the new ...
In Writing Diaspora in the West, Peter McCarthy argues that the surveyors and theoreticians of modern human subjectivity have discovered in the margins a motherland, nourishing and nurturing them in the fantastic culture of what he terms ...
Peter McCarthy, 2009
4
Socialism & Marginalism in Economics 1870 - 1930
The relationship between marginalism and socialism is complex and variable: this book pays equal attention to the differences and the common themes and highlights innovative contributions to 'classical' political economy.
Ian Steedman, 2003
5
Bukharin and the Bolshevik Revolution: A Political ...
The considerable success of Austrian marginalism in the early 1900's, particularly Bohm-Bawerk's Karl Marx and the Close of His System (1896), drew Bukharin, like a holy avenger, to the University of Vienna, where he attended the lectures of ...
Stephen F. Cohen, 1980
6
Economics Evolving: A History of Economic Thought
The. Forerunners. of. Marginalism. Partitioning. the history of economic thought into schools and periods helps to add theoretical structure to the subject and is accordingly an aid to learning and understanding. However, when we try to be ...
Agnar Sandmo, 2011
7
Minorities and the State in the Arab World
From. Hegemony. to. Marginalism: The. Maronites. of. Lebanon. Meir. Zamir. The political institutions, administration, infrastructure, and economy that were largely destroyed during the Lebanese civil war have, since 1990, been rapidly ...
Ofra Bengio, Gabriel Ben-Dor, 1999
8
Marginalism
Marginalism is the use of marginal concepts within economics. (Marginal concepts are associated with a specific change in the quantity used of a good or of a service, as opposed to some notion of the over-all significance of that class of ...
Frederic P. Miller, Agnes F. Vandome, John McBrewster, 2010
9
Power, Ideology, and Control
In its theory of price, marginalism offered a theory of rational choice, price formation reflecting individual rationality of economic agents, with free competitive market exchange serving optimally to reconcile the conflicting interests of those ...
John C. Oliga, 1996
10
A History of Russian Economic Thought
A socialist critic of the spread of marginalism after 1870 might suggest that in fact, the idea that free markets achieved an optimal allocation of resources by means of taking economic activity to marginal limits, came noticeably to the fore only ...
Vincent Barnett, 2013

10 NEWS ITEMS WHICH INCLUDE THE TERM «MARGINALISM»

Find out what the national and international press are talking about and how the term marginalism is used in the context of the following news items.
1
Philadelphia needs tax reform to reach its potential
Marginalism rarely works. If you change taxes, just do it. Small, glacial, and inconsistent reductions in the city wage tax have had little impact. «Philly.com, May 15»
2
The rise and fall of our divided, miserable Israel
But the forced geographical distribution solidified the marginalism of the Mizrahim, who were dependent on the bodies of the ruling party and ... «Haaretz, Mar 15»
3
Nikolai Bukharin: 'The favourite of the whole party'
In regards to sociology, Bukharin argued that marginalism was the ideology of the rentier bourgeois, who had been eliminated from the process ... «Links International Journal of Socialist Renewal, Feb 15»
4
Is #NitiCentral becoming #NitiSecular asks a passionate Reader ?
First, I mention the Japanese retreat, in the 1880's, from empty 'marginalism'. Prof. Ikeda says a 'Gerneral Equilibrium approach based on the ... «Niticentral, Dec 14»
5
Matt Barber of 'Downton Abbey' on costumes, colleagues and …
In part one, Matt discussed the Downton season finale and his character's stag night scandal, marginalism in upper class 1920s society as the ... «Hypable, Dec 14»
6
Matt Barber of 'Downton Abbey' talks stag night scandal and keeping …
Matt Barber: He comes from a background of marginalism. Obviously he comes from a very privileged background, that goes without saying, and so you can ... «Hypable, Dec 14»
7
When Piketty Argued for Income Redistribution, He Changed …
Marginalism and the utility theory of value, the theory that is still in use today, provided an alternative to the class-based labor theory of value ... «The Fiscal Times, Nov 14»
8
Mike Treen: A critique of crisis theory
This idea, combined with marginalism – the theory that commodities have exchange value because of their scarcity relative to human needs ... «Links International Journal of Socialist Renewal, Nov 14»
9
Ideological Foundations of Mainstream Neoclassical Economics …
“By introducing the notion of marginalism into utilitarian economics, Jevons had found a way in which the utilitarian view of human beings as ... «Center for Research on Globalization, Nov 14»
10
The Significance of Hayek's Contribution
In addition to the geographic dispersal from Vienna, some Austrians like Fritz Machlup thought that hallmarks of Austrian thinking: marginalism, ... «Free Liberal, Oct 14»

REFERENCE
« EDUCALINGO. Marginalism [online]. Available <https://educalingo.com/en/dic-en/marginalism>. May 2024 ».
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