What does dirigisme mean?

Definitions for dirigisme
di·rigisme

This dictionary definitions page includes all the possible meanings, example usage and translations of the word dirigisme.


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GCIDE

  1. dirigismenoun

    The practice or inclination to direct (activities) by a central authority; as, the linguistic dirigisme of prescriptivists clashes with the modern tendency toward acceptance of multiculturalism. See also dirigiste.

Wiktionary

  1. dirigismenoun

    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."; James M. Buchanan in The Minimal Politics of Market Order, pp. 222, 1991; Cato Journal 11:2.

Wikipedia

  1. Dirigisme

    Dirigisme or dirigism (from French diriger 'to direct') is an economic doctrine in which the state plays a strong directive (policies) role contrary to a merely regulatory interventionist role over a market economy. As an economic doctrine, dirigisme is the opposite of laissez-faire, stressing a positive role for state intervention in curbing productive inefficiencies and market failures. Dirigiste policies often include indicative planning, state-directed investment, and the use of market instruments (taxes and subsidies) to incentivize market entities to fulfill state economic objectives. The term emerged in the post-World War II era to describe the economic policies of France which included substantial state-directed investment, the use of indicative economic planning to supplement the market mechanism and the establishment of state enterprises in strategic domestic sectors. It coincided with both the period of substantial economic and demographic growth, known as the Trente Glorieuses which followed the war, and the slowdown beginning with the 1973 oil crisis. The term has subsequently been used to classify other economies that pursued similar policies, such as Japan, the East Asian tiger economies of Hong Kong, Singapore, South Korea and the Republic of China (ROC), and more recently the economy of the People's Republic of China (PRC) after the Chinese economic reform.Most modern economies can be characterized as dirigiste to some degree as the state may exercise directive action by performing or subsidizing research and development of new technologies through government procurement (especially military) or through state-run research institutes.

Wikidata

  1. Dirigisme

    Dirigisme or dirigism is an economic system where the state exerts a strong directive influence over investment. It designates a capitalist economy with a strong directive, as opposed to a merely regulatory, role for the state. The term emerged in the post-war era to describe the economic policies of the French economy, which included substantial state-directed investment, the use of indicative economic planning to supplement the market system, and the establishment of state enterprises in strategic sectors of the French economy. The term has subsequently been used to classify other economies that pursued similar policies, most notably the East Asian tiger economies, and more recently the economy of the People's Republic of China. A related concept is that of state capitalism. Most modern economies can be characterized as dirigiste to some degree – for instance, state economic action may be exercised through subsidizing research and developing new technologies, or through government procurement, especially military. Dirigisme is from French. In English it is also dirigism and both spellings are used by the OED.

Editors Contribution

  1. DIRIGISME

    economic planning and control by the state;a system in which the government has a lot of control over a country's economy;control by the state of economic and social matters;government control or intervention, esp. in business activity or the economy.

    Some governments have put their efforts into greening their covid-19 bail-outs. Air France has been told either to scrap domestic routes that compete with high-speed trains, powered by nuclear electricity, or to forfeit taxpayer assistance. But dirigisme disguised as a helping hand could have dangerous consequences: better to focus on insisting that governments must not skew their bail-outs towards fossil fuels.


    Submitted by anonymous on June 22, 2020  

How to pronounce dirigisme?

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Numerology

  1. Chaldean Numerology

    The numerical value of dirigisme in Chaldean Numerology is: 6

  2. Pythagorean Numerology

    The numerical value of dirigisme in Pythagorean Numerology is: 3


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"dirigisme." Definitions.net. STANDS4 LLC, 2024. Web. 19 Apr. 2024. <https://www.definitions.net/definition/dirigisme>.

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