Frederic P Miller

Corporatism Frederic P Miller

Publisher Marketing: Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Corporatism is a system of economic, political, and social organization where corporate groups such as business, ethnic, farmer, labour, military, patronage, or religious groups are joined together into a single governing body in which the different groups are mandated to negotiate with each other to establish policies in the interest of the multiple groups within the body. Corporatism views society as being alike to an organic body in which each corporate group is viewed as a necessary organ for society to function properly. Corporatism is based on the sociological concept of functionalism. Countries that have corporatist systems typically utilize strong state intervention to direct corporatist policies and to prevent conflict between the groups. The word "corporatism" is derived from the Latin word for body, corpus. This meaning was not connected with the specific notion of a business corporation, but rather a general reference to anything collected as a body. Corporatism has been supported from various proponents, including: absolutists, capitalists, conservative fascists, progressives, reactionaries, socialists and theologians.