Dirigisme


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Dirigisme

In political science, the theory that the state ought to drive economic growth. Dirigisme argues that the state may do this by controlling the means of production (as in communism) or simply through careful economic planning. Proponents believe that dirigisme is an effective tool of development, while critics contend that it is inefficient and not respectful of individual rights. See also: State capitalism.
References in periodicals archive ?
Rather, Vietnam's dirigisme is now more a legacy of a command economy, the resurgence of old ideology, and like the DAEs, patronage and rent seeking.
Indeed, Potter suggests that Nazi dirigisme should be credited with encouraging and streamlining the discipline.
Under French dirigisme, government agencies often consult major corporations regarding investment plans; the French government owns some large private sector companies, including Air France and Renault.
Whereas post-colonial Africa has been characterized by widespread state dirigisme, both within governments and the developmental policy establishment in general, African states are currently enjoying a surge of decentralization, privatization, deregulation and market liberalization.
This means that the competition-restricting regulation which exists in Brazil as a result of the years of dirigisme needs to be reviewed while at the same time it is essential that a new competition-augmenting regulatory structure is introduced.
6) acknowledges that the real debate between neoliberal theory and dirigisme theory is the form and extent of state involvement in the economy.
It would be hard to exaggerate the contrast between the heyday of Gaullist dirigisme and the new attitude to the economy first unveiled in Chirac's platform for the presidential election of 1981, confirmed both by a new party programme issued in 1984 and by the party,S actions when in power during 1986-8.
Controversially, Chapman's account deemphasizes the legacy of dirigisme in France and argues that in the 1920s the future was more undetermined than most historians have acknowledged.
Recent changes in development economics, in its criticism of import-substitution industrialization, of dirigisme, of the public sector, social welfare, and minimum wage legislation, and the hegemonic policies of the World Bank and the IMF in attacking State enterprises and undermining the interests of the working classes throughout the Third World countries, are all leading to what James M.
Take your pick: late 19th century William Morris-style pastoral anarchism (Bob), 1930s Stalinist autarky (Marion), or 1960s New Left dirigisme (Steve).
Similarly, old-fashioned dirigisme -- such as attempts to "pick winners," foster national "champions," or keep failed business models alive through state subsidies -- is both harmful and doomed to fail.
The concept of systemic externallty purports to provide a solid ground for some sort of economic dirigisme.