noun
- an economic system in which the government exercises strong directive influence over private industry
Usage: economics; from French
Examples
- France’s dirigisme involved extensive government planning in key industries.
- The country moved away from dirigisme toward more market-oriented policies.
- Critics argued that dirigisme stifled entrepreneurship and innovation.
- Under dirigisme, the state maintained significant control over economic development.
- The policy represented a middle ground between socialism and pure capitalism.
- Many European nations practiced forms of dirigisme in the post-war era.