corporatism

Noun

Meaning

control of a state or organization by large interest groups

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Examples

All corporatism – even when practised in societies where hard work, enterprise and cooperation are as highly valued as in Korea – encourages inflexibility, discourages individual accountability, and risks magnifying errors by concealing them. Margaret Thatcher

...organized labor...rushes to support the party without demanding a turn away from corporatism toward workers' needs. This is the logic of the lesser of two evils. It tethers labor to a relentless slide deeper into the corporate power pits year after year. Ralph Nader

I just think that the Europeans are depriving themselves of a high-employment economy, and they are depriving themselves of intellectual stimulation in the workplace - and personal growth - by sticking to the stultifying, rigid system that I call corporatism. Edmund Phelps

individualism is in danger of being swamped by a kind of corporatism Source: Internet

A modernizing technocrat who regarded managerial mediation as essential to an industrial society, he wanted his Liberal Party to represent liberal corporatism to create social harmony. Source: Internet

In 2002, the party criticised corporatism as a "mixture of big capitalism and state control", saying it favoured a " distributionist tradition established by home-grown thinkers" favouring small business. Source: Internet

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