dirigisme

British  

/ diːriːˈʒiːzəm /

noun

1. control by the state of economic and social matters

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Other Word Forms

• dirigiste adjective

Etymology

Origin of dirigisme

C20: from French

Example Sentences

A French word describes the French disease: dirigisme, the micromanaging state as source and director of society’s creativity, which for that reason is another scarcity.

From Washington Post

But blocking the deal for STX, along with a series of other maneuvers in recent weeks, is prompting concerns that Mr. Macron may follow the tried and true French tradition of dirigisme — an interventionist approach that his predecessors have employed time and again to promote French interests.

From New York Times

It was then a state-sponsored industry—an emblem of dirigisme under Park Chung-hee, a dictator who seized power in a coup in 1961 and ruled for 18 years.

From Economist

For much of the 20th century, economists were open to a bit of dirigisme.

From Economist

It would mean dismantling the heavy-handed state direction of the economy known as “dirigisme,” which is French for sclerosis.

From Washington Post