Main Entry: cor·po·rat·ism

Pronunciation: \ˈkȯr-p(ə-)rə-ˌti-zəm\

Function: noun

Date: 1890

: the organization of a society into industrial and professional corporations serving as organs of political representation and exercising control over persons and activities within their jurisdiction

— cor·po·rat·ist \-p(ə-)rə-tist\ adjective