CORPORATISTS Meaning and
Definition
-
Corporatism is an economic and political ideology that emphasizes the organization and control of society through corporations or other organized groups, often in collaboration with the state. From this perspective, corporatists promote a system in which economic and political powers are shared between the government, corporate interests, and organized labor, with the aim of creating stability, social harmony, and economic prosperity.
Corporatists believe that the interests of different social groups, such as workers, business owners, and the state, are best served through cooperation rather than conflict. They advocate for policies that facilitate close collaboration and dialogue between these groups, aiming to reconcile their diverse interests and ensure consensus-based decision-making in economic and political matters.
The term "corporatists" refers to individuals or groups who advocate for or support corporatism. It typically includes business leaders, politicians, and policymakers who endorse the idea of involving organized interest groups, predominantly corporations, in the decision-making processes of society. These corporatists argue that incorporating corporate perspectives and expertise into policy formulation will result in more effective and efficient governance and economic development.
However, criticism of corporatism contends that it can lead to the concentration of power in the hands of a few influential interest groups, potentially marginalizing the interests of other segments of society. Detractors argue that corporatism may stifle competition, limit individual freedoms, and perpetuate inequalities.
Common Misspellings for CORPORATISTS
- xorporatists
- vorporatists
- forporatists
- dorporatists
- cirporatists
- ckrporatists
- clrporatists
- cprporatists
- c0rporatists
- c9rporatists
- coeporatists
- codporatists
- cofporatists
- cotporatists
- co5poratists
- co4poratists
- corooratists
- corloratists
- cor-oratists
- cor0oratists
Etymology of CORPORATISTS
The word "corporatists" is derived from the noun "corporatism". Corporatism, in turn, comes from the Latin word "corpus", meaning "body". The suffix "-ism" is added to indicate a belief system or practice associated with a particular ideology or concept.
The term "corporatism" originally gained prominence in the early 20th century and referred to the organization of society and economy based on the representation of interest groups or functional groups, such as trade unions, professional associations, and corporations. It became associated with various political ideologies and systems that emphasized the cooperation between these organized groups and the government in decision-making processes.
As such, "corporatism" and subsequently "corporatists" became labels associated with political or economic doctrines that promote a close relationship or collaboration between the state and major corporate or interest groups within society.
Infographic
Add the infographic to your website:
