fascism (fâsh'iz'em) n.
A system of government that exercises a dictatorship of the extreme right, typically through the merging of state and business leadership, together with belligerent nationalism. [Ital. fascio, group.] -fas'cist n. -fas-cis'tic (fa-shis'tik) adj.
Fundamentally, corporatism is a new name for an old face - that of fascism. Most dictionary definitions you'll find nowadays exclude the "typically through the merging of state and business leadership" theme, whereas previously they might've.
The Italians, who invented the term Fascism, also called it the Estato Corporativo: the corporatist state. GeorgeOrwell described it as an extension of Capitalism.
Symptoms of Corporatism
Fervent nationalism/patriotism - the country is more important than the individual!
Public agencies being run like businesses, segregated and less accountable.
Large corporations successfully lobbying Governments.
The rich get richer and the poor get poorer.
Favours given to campaign contributors.
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