How Do You Spell DIRIGISME?

Pronunciation: [dˈɪɹɪd͡ʒˌɪsmɪ] (IPA)

The word "dirigisme" is spelled with 3 syllables - Dee-ree-jeezm. The first syllable starts with a voiced dental fricative [d], followed by a high front vowel [i] and an alveolar flap [r]. The second syllable is similar to the first one, starting with the same high front vowel [i], followed by an alveolar affricate [dʒ] and a voiced alveolar fricative [z]. The final syllable starts with a voiced alveolar fricative [z] and ends with a bilabial nasal [m]. Dirigisme is a French term that refers to a government policy of direct control over economic activity.

DIRIGISME Meaning and Definition

1. Dirigisme is an economic policy approach characterized by strong government intervention and control over various aspects of economic activity. The term originates from the French word "diriger," which means to direct or control.

   In a dirigiste system, the government plays a significant role in guiding and regulating the economy through a range of policies, such as centralized planning, state ownership of industries, and stringent regulations. This approach is often associated with countries that adopt a more interventionist stance and strive to achieve specific economic and social goals.

   Dirigisme is often contrasted with liberal market economies where the government's role is less direct, allowing for more competition and market forces to shape economic outcomes. Proponents of dirigisme argue that it is essential for achieving strategic objectives, such as industrial development, income distribution, and social welfare. They believe that government intervention can correct market failures, ensure equality, provide public goods, and promote economic growth.

   Critics of dirigisme, on the other hand, argue that excessive government intervention can stifle entrepreneurship, deter private investment, and limit individual freedom. They contend that dirigisme may lead to inefficiencies, distortions, and a lack of innovation due to centralized decision-making and a reliance on bureaucratic processes.

   Overall, dirigisme refers to an economic policy orientation characterized by significant state intervention and control, with the aim of achieving specific economic and social outcomes.

Etymology of DIRIGISME

The word "dirigisme" comes from the French term "diriger", which means "to direct" or "to manage". It is derived from the Latin word "dirigere", which has the same meaning. In French, the suffix "-isme" is added to create a noun that refers to a specific doctrine, practice, or system. Therefore, "dirigisme" can be understood as the system or doctrine of direct economic intervention and control by the government.

Plural form of DIRIGISME is DIRIGISMES