noun
- Plural of corporativism; political or economic systems in which power is organized by corporate groups (such as businesses, labor unions, or professional associations) rather than by individuals or political parties.
- Plural of corporativism; the practice of organizing society or the economy around large corporations or corporate interests.
Usage: Usually used in political science and history contexts; Often refers to fascist or authoritarian economic models
Usage: Contemporary usage, often critical
Examples
- Scholars debated the rise of corporativisms in early 20th-century Europe.
- Different corporativisms emerged across fascist regimes in Italy and Spain.
- Critics argue that modern corporativisms prioritize business interests over individual rights.
- The study examined how various corporativisms attempted to organize labor and capital.
- Some economists warn against the dangers of unchecked corporativisms in democratic societies.
- Historical corporativisms often relied on state control of major industries.