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Corporatism is political and economic philosophy that defines and promotes the role in society of corporations—i.e., collectives whose members have similar needs and purposes, such as the military, labor unions, and religious groups.
A person who espouses corporatism is a corporatist.
Types of corporatism
Corporatism is often associated with Italian fascism. In that meaning, Corporatism is the union of representatives of labor/trade unions, the government, and companies with the goal of creating a unified industrial policy which works towards the best interests of labor, management, and the government (in theory, the government represents society as a whole). In practice, the exact opposite occurred, with the government strong-arming labor into doing whatever the companies want, closing down independent unions and replacing them with state-run ones that were toothless.
"Social corporatism" has sometimes been used to describe social democratic economic models, where both private property and labour interests are protected. While this has been used by some libertarians and communists including Stalin as "proof" that liberals are actually "deep cover fascists" (the communists under their theory of "social fascism"), it doesn't explain why Angela Merkel hasn't worn a toothbrush moustache, suspended the Bundestag and bombed Greece yet.
What it is not
Corporatism is frequently (possibly deliberately) misidentified as "rule by companies" to 'prove' that all modern governments are fascist, ergo Bush did 9/11 or whatever other nonsense they're peddling.
- "National Corporatism", Italy, 1922-1945, Benito Mussolini
- "Country, Religion, Monarchy", Spain, 1923-1930, Miguel Primo de Rivera
- "National Socialism", Germany, 1933-1945, Adolph Hitler
- "National Syndicalism", Spain, 1936-1973, Francisco Franco
- "New State", Portugal, 1932-1968, Antonio Salazar
- "New State", Brazil, 1933-1945, Getulio Vargas
- "New Deal", United States, 1933-1945, Franklin Roosevelt
Civilization", Greece, 1936-1941, Ioannis Metaxas
- "Justice Party", Argentina, 1943-1955, Juan Peron