Corporate statism

Source: Wikipedia, the free encyclopedia.

Corporate statism, state corporatism, or simply corporatism, is a

policymaking, at least formally.[1]

As with other political cultures, societies have existed historically which exemplified corporate statism, for instance as propounded by Othmar Spann (1878–1950) in Austria and implemented by Benito Mussolini (1883–1945) in Italy (1922–1943), António de Oliveira Salazar's Estado Novo in Portugal (1933–1974)[2] and by the Federal State of Austria. After World War II, corporate statism influenced the rapid development of South Korea and Japan.[3]

Corporate statism most commonly manifests itself as a ruling party acting as a mediator between the workers,

private business corporations
. The topic remains controversial in some countries, including South Korea, Japan, and Portugal.

See also

  • Chaebol — a type of very large South Korean business conglomerate.
  • Corporatism — ideology of which corporate statism is a subset.
  • Corporatocracy — a government dominated by business interests, often mistaken for corporatism.
  • East Asian Miracle
    — an economic transformation in East and Southeast Asian countries.
  • Fascism — a political ideology that sometimes includes corporate statism as a component.
  • Miracle on the Han River — an economic transformation in South Korea.
  • Folkhemmet — The name givern to the Swedish variant of corporatism, sometimes called Social corporatism.
  • State capitalism — an economic form in which state-controlled enterprises dominate the economy and operate for-profit.
  • Zaibatsu — a type of very large Japanese business conglomerate.

References

  1. ^ Abrahamian; DeBardeleben; DeSipio; Grindle; Kew and Lewis; Ross. Introduction to Comparative Politics. Boston, MA: Wadsworth Cengage Learning. p. 474.
  2. ^ . Retrieved 9 September 2020. ... fascist Italy ... developed a state structure known as the corporate state with the ruling party acting as a mediator between 'corporations' making up the body of the nation. Similar designs were quite popular elsewhere in the 1930s. The most prominent examples were Estado Novo in Portugal (1932–1968) and Brazil (1937–1945), the Austrian Standestaat (1933–1938), and authoritarian experiments in Estonia, Romania, and some other countries of East and East-Central Europe,
  3. ^ Kim, B. K. & Vogel, E. F. (eds.) (2011). The Park Chung Hee Era: The Transformation of South Korea. Harvard University Press. p. 125.