CORPORATIVISM Meaning and
Definition
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Corporativism, also spelled corporatism, is a political theory or system that advocates the organization of society and the economy through the representation and collaboration of various interest groups, primarily based on their respective economic or professional activities. It is a socio-political ideology that emphasizes the importance of cooperation and collaboration between different sectors of society, such as labor unions, professional groups, and business organizations.
In a corporativist system, these interest groups are recognized and given a role in decision-making processes, often by means of forming specialized bodies or councils, known as corporative chambers or syndicates. These bodies, which are composed of representatives from the different interest groups, often work alongside the government to establish policies and regulations that impact their respective sectors.
The concept emerged in the early 20th century as a response to the challenges posed by industrialization and societal changes. Proponents of corporativism argue that it promotes social harmony and stability by ensuring the participation of all societal actors with a stake in the functioning of the economy.
Critics, on the other hand, argue that corporativism can lead to the suppression of individual freedoms and the concentration of power in the hands of elites representing the dominant interest groups. They contend that the system often favors the interests of established corporations and can discourage competition and innovation.
Overall, corporativism is a complex and controversial ideology that seeks to bring diverse interest groups together in order to facilitate economic and societal cooperation and collaboration.
Common Misspellings for CORPORATIVISM
- xorporativism
- vorporativism
- forporativism
- dorporativism
- cirporativism
- ckrporativism
- clrporativism
- cprporativism
- c0rporativism
- c9rporativism
- coeporativism
- codporativism
- cofporativism
- cotporativism
- co5porativism
- co4porativism
- coroorativism
- corlorativism
- cor0orativism
- corpirativism
Etymology of CORPORATIVISM
The word "corporativism" is derived from the Latin word "corpus", meaning body or group, and the suffix "-ism", which indicates a belief, ideology, or system. The term originated in the early 20th century in Europe and specifically in Italy. It refers to the social and economic system that emphasizes the organization and representation of interests by occupational or professional groups, known as corporatism. The term is often used interchangeably with corporatism, which shares the same etymology.
