dirigisme

noun
UK: /dɪˈrɪʒɪzəm/
US: /dəˈriːʒɪzəm/

  1. An economic system where the state strongly directs economic activity and resource allocation.

    1. Some blame dirigisme for the country's economic problems
    2. The government's dirigisme led to inefficiencies and lack of innovation in certain sectors

  2. State control over economic and social matters, based on the belief that the state is best placed to guide the economy.

    1. Dirigisme is seen as a way to promote national interests
    2. Critics argue that dirigisme stifles free markets and individual enterprise

Synonyms

statism interventionism

Frequently Asked Questions

The word "dirigisme" in English means: An economic system where the state strongly directs economic activity and resource allocation., State control over economic and social matters, based on the belief that the state is best placed to guide the economy..

The phonetic transcription of "dirigisme" is /dɪˈrɪʒɪzəm/ in British English and /dəˈriːʒɪzəm/ in American English. Click the 🔊 button to hear both pronunciations.

Synonyms for "dirigisme": statism, interventionism.

Example usage of "dirigisme": "Some blame dirigisme for the country's economic problems". More examples on the page.