dirigisme

(redirected from Dirigiste economy)
Also found in: Financial.

dirigisme

(diːriːˈʒiːzəm)
n
(Government, Politics & Diplomacy) control by the state of economic and social matters
[C20: from French]
dirigˈiste adj
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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After decades of planned reforms to Syria's dirigiste economy, Assad's Baath party finally pledged its commitment to developing a market economy in 2005.
As do all proponents of a dirigiste economy, the newspaper's far left editors assume that those adversely affected by central planners' diktats simply will feed their masters' endless appetite for others' money by eagerly surrendering the fruits of their labors.
But the subterfuge that is still unwinding in Washington is a worrisome reminder of the dark side of France's tightly managed, dangerously incestuous dirigiste economy.