corporativism
Corporativism, or corporatism, is a political theory and practice that seeks to organize society through a limited number of major interest groups—often representing workers, employers, and professional associations—which are officially recognized as the legitimate voices in policymaking. In corporatist systems, the state mediates or integrates these groups into formal structures such as tripartite councils, rather than allowing independent competition among groups.
There are two broad senses: classic or state corporatism, where the state curbs pluralist competition and uses
Historically, corporatism is associated with early 20th-century movements; in its most infamous form, fascist Italy created
Critics argue that corporatism undermines liberal democracy by limiting political competition and concentrating power within allied