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corporatism
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   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia 0.07 sec.

corporatism

Belief that the state in capitalist democracies should intervene to a large extent in the economy to ensure social harmony. In Austria, for example, corporatism results in political decisions often being taken after discussions between chambers of commerce, trade unions, and the government.



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The Persistence of Traditional Social Relations and Corporatist Personhood in Compagnonnage Letter Writing and Reading Practices
As for Germany, despite the improvement in overall labor markets, there are many other inflexible elements including nationwide wage bargaining and various corporatist deals and laws which make it very difficult for different sectors of the economy to move in their own way.
The relationship between the banking cartel and corporatist trade pacts like NAFTA, GATT, and CAFTA--and how illegal immigration is being used to advance the consolidation of the Western Hemisphere into a European Union-style mega-state, which means the loss of our national identity, our prosperity, and eventually our liberty;
 
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