Noun
control of a state or organization by large interest groups
Source: WordNetAll 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