Dirigisme
Pronunciation
- IPA: /dɪˈriËdʒɪzÉ™m/
Alternative forms
Origin
Borrowing from fr dirigisme, from diriger ("to run, to direct"), from Latin dirigere, present active infinitive of dīrigŠ("direct, steer")
Full definition of dirigisme
Noun
dirigisme
(countable and uncountable; plural dirigismes)- Any economy in which the government exerts a strong directive influence, often with substantial, but not all, of the characteristics of a centrally planned economy."These agents, for the same distributional and paternalistic reasons that motivated many of the socialist experiments in economic dirigisme, may seek to use political authority to modify, at least in part, the results of the market system."; in The Minimal Politics of Market Order, pp. 222, 1991; Cato Journal 11:2.