cameralism

/kæməˈrælɪzəm/

Definitions

1. noun

A 18th-century economic theory that advocated for government control over the economy through a combination of mercantilism, protectionism, and state-directed investment.

“The 18th-century monarch’s economic policies were heavily influenced by the principles of cameralism.”

2. noun

A type of economic policy that focuses on state-directed investment and control over key industries.

“The government implemented a cameralist policy to stimulate economic growth in the post-war period.”

Synonyms

  • mercantilism
  • protectionism

Antonyms

  • free market
  • laissez-faire