Meaning & use

Dirigisme

noun·Academic

Last updated

An economic system or policy in which the state exerts strong directive control over economic and social affairs.

See it in a sentence

Postwar France was known for its dirigisme in industrial policy.

Critics argued that dirigisme stifled private enterprise.

A note on using this word

Borrowed from French 'diriger' ('to direct'); frequently contrasted with laissez-faire economics.

Words with a similar meaning

interventionismstatism

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Words with an opposite meaning

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