What does "managerialism" mean?

The ideological principle that societies are equivalent to the sum of the transactions made by the managements of organizations.

What is a synonym for "managerialism"?

Common synonyms include: more public management.

Pronounced //manəˈdʒɪəɹɪəlɪz(ə)m//.

/manəˈdʒɪəɹɪəlɪz(ə)m/ noun

noun ·Rare ·Advanced level

Noun

1
The ideological principle that societies are equivalent to the sum of the transactions made by the managements of organizations. countable, uncountable
2
The fact or discipline of running things according to managerial techniques. countable, uncountable

From managerial + -ism.