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dirigisme
This term describes a specific model of state-led economic management, often associated with the French mid-century approach to industrialization. It carries a connotation of structured, top-down authority where the government does not merely regulate the market but actively steers it toward national strategic goals.
Because it refers to a conceptual economic system or a philosophy of governance, the word is treated as an uncountable mass noun. It does not take a plural form and cannot be counted with numbers; instead, it is discussed as a singular phenomenon or a policy approach.
Meanings
Examples
Postwar France is often cited as a classic example of dirigisme in action.
The government shifted away from dirigisme toward a more liberalized market economy.
I wonder if a modern version of dirigisme could actually solve the current housing crisis.
Critics argue that excessive dirigisme stifles innovation by favoring state-backed monopolies.
Critics argue that excessive dirigisme stifles innovation by favoring state-backed monopolies.
Is this policy just a subtle return to dirigisme under a different name?
The state employed a system of dirigisme to rapidly industrialize the nation.
He believes that a touch of dirigisme is necessary to ensure strategic energy independence.
The textbook describes dirigisme as a middle ground between a free market and a command economy.
The era of state-led dirigisme eventually gave way to privatization in the eighties.
The era of state-led dirigisme eventually gave way to privatization in the eighties.