noun
- plural of corporatism; systems in which the state organizes society into corporate groups (such as businesses, labor unions, or professional associations) that work together to achieve common goals
- plural of corporatism; the practice of prioritizing the interests of large corporations over those of individuals or the general public
Usage: political science term; often used in discussions of governance and economic systems
Usage: informal usage; often used critically
Examples
- Different European nations adopted various forms of corporatisms during the twentieth century.
- Critics argue that modern corporatisms have given too much power to multinational companies.
- The study compared fascist corporatisms with democratic models of state organization.
- Some scholars view certain labor agreements as examples of corporatisms in action.
- The rise of corporatisms in the 1930s reflected attempts to manage economic crises through state coordination.
- Debates about corporatisms often center on the balance between business freedom and public welfare.