ELI5: Explain Like I'm 5

Dirigism

Dirigism is like when your parents tell you what to do, and you have to follow their rules. In the same way, dirigism is when the government tells people or businesses what to do, and they have to follow the rules set by the government.

For example, in some countries, the government controls the economy and decides what businesses can or cannot do. The government might put up laws and regulations that businesses have to follow, like how much they can produce or what products they can sell.

The idea behind dirigism is that it helps the government control the country's economy and make things fair for everyone. The government can make sure that everyone has access to basic goods and services, like food, housing, and healthcare.

However, some people believe that dirigism can be bad for the economy. They think that the government should not have too much power over businesses, as it can slow down innovation and make things more expensive.

Overall, dirigism is a way for the government to exert control over the economy and the people living in the country. It can have both positive and negative effects, depending on how much power the government has and how well they use it.