corporatism
Noun
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Noun
corporatism
- A political system in which society is organized into collective interest groups or "bodies" (Latin corpora) which are subservient to the state and act as organs of political representation.
corporatism
- (chiefly, US, derogatory) A form of capitalism in which the government is lobbied by, or generally heavily favors, corporations at the expense of the general populace.
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.003