stagnationist

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English[edit]

Etymology[edit]

stagnation +‎ -ist

Adjective[edit]

stagnationist (comparative more stagnationist, superlative most stagnationist)

  1. (economics) Characterized by stagnation.
    • 1991, Stephen A. Marglin, Juliet B. Schor, The Golden Age of Capitalism, page 172:
      A flat and downward-sloping schedule — the intersection of co-operative and stagnationist regimes — describes a wage-led growth regime, a result which follows immediately from the definition of wage-led growth as one in which a higher rate of accumulation.
    • 2004, Tracy Mott, Nina Shapiro, Rethinking Capitalist Development:
      In Maxine Berg's recent book, Josef Steindl has argued that his explanation of the stagnationist tendency of the first one-third of the twentieth century could not be straightforwardly applied to that of the last one-third because of the rise in the power of labour and the growth of interneational competition (Steindl 1990).
    • 2014, Marco Hauptmeier, Matt Vidal, Comparative Political Economy of Work, page 85:
      Marx and subsequent Marxists have extensively discussed countertendencies to the stagnationist tendencies.