corporatism

noun

cor·po·rat·ism | \ ˈkȯr-p(ə-)rə-ˌti-zəm

Definition of corporatism

: 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

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Examples of corporatism in a Sentence

Recent Examples on the Web Stakeholder capitalism is a grubby big idea, one that is bad for shareholders, and not so much better for democracy, unsurprising given its deep roots in corporatism. — Andrew Stuttaford, National Review, "The Capital Letter: Week of October 26," 30 Oct. 2020 Part of the essence of corporatism is its stress on at least the illusion of cooperation. — Andrew Stuttaford, National Review, "Counting the Shareholder Out: When the Ruling Class Changes the Rules," 11 Dec. 2020 Part of the essence of corporatism is the importance attached to at least the illusion of cooperation. — Andrew Stuttaford, National Review, "Biden’s New Team: A Good Day for BlackRock (and Corporatism)," 1 Dec. 2020 One element of corporatism is the way that nominally independent companies are ultimately subordinate to the state. — Andrew Stuttaford, National Review, "The Capital Note: Betting on a Biden Binge," 3 Nov. 2020 Up to a point: The essence of corporatism is that government acts in coordination with interest groups. — Andrew Stuttaford, National Review, "A Useful Pandemic: Davos Launches New ‘Reset,’ this Time on the Back of COVID," 29 Oct. 2020 Stakeholder capitalism is, essentially, a derivative of corporatism. — Daniel Tenreiro, National Review, "The Capital Note: Volatility Delivers Victory for Goldman Sachs," 14 Oct. 2020 Some prominent conservatives and libertarians have criticized the Roundtable for abandoning Friedman’s wisdom and thereby aiding socialism and corporatism, and also for undermining managers’ accountability to shareholders. — Ramesh Ponnuru, National Review, "Not (Necessarily) for Profit Alone," 20 Aug. 2020 Polar’s old-fashioned corporatism offered an alternative. — Anatoly Kurmanaev, New York Times, "Venezuela’s Socialists Embrace Business, Making Partner of a ‘Parasite’," 23 Feb. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'corporatism.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.