Wednesday, February 23, 2011

Corporatism

Corporatism, also known as corporativism, is a system of economic, political, or social organization that views a community as a body based upon organic social solidarity and functional distinction and roles among individuals.[1][2] The term corporatism is based on the Latin word "corpus" meaning "body".[2] Formal corporatist models are based upon the contract of corporate groups, such as agricultural, business, ethnic, labor, military, patronage, scientific, or religious affiliations, into a collective body.[3]
One of the most prominent forms of corporatism is economic tripartism involving negotiations between business, labour, and state interest groups to set economic policy.[4]
Corporatism is related to the sociological concept of structural functionalism.[5] Corporate social interaction is common within kinship groups such as families, clans and ethnicities.[6] Aside from humans, certain animal species are known to exhibit strong corporate social organization, such as penguins.[7] In nature, cells in organisms are recognized as involving corporate organization and interaction.[8]
Corporatist views of community and social interaction are common in many major world religions such as Christianity, Islam, Hinduism, Buddhism and Confucianism.[9] Corporatism has been utilized by many ideologies across the political spectrum, including: absolutism, capitalism, conservatism, fascism, liberalism, progressivism, reactionism, social democracy, socialism, and syndicalism.[10]
Corporatism is sometimes considered a synonym for fascism owing to the corporatist structures created by Mussolini's regime as well as in the latter years of the Third Reich under Albert Speer's direction. Corporatism was viewed by some as an appropriate strategy to prevent worker unrest, as well as a potentially and effective economic strategy. Franklin D. Roosevelt was one such proponent. While Roosevelt was not a fascist - he declared a loathing for authoritarianism - his liberal corporatism was part of his vision for a "third way", reflected in the New Deal.
(Wikipedia)

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