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What is "corporatism"

Longman Dictionary of Contemporary English
corporatism
noun
EXAMPLES FROM CORPUS
▪ Before getting to grips with the corporatism as such, it is worth looking at the idea of the local state.
▪ Economic policy Research on corporatism has largely been confined to the level of the political centre of the nation state.
▪ In liberal corporatism the institutional distinctiveness of the state becomes obscured.
▪ In this situation it is argued that corporatism, or tripartism, better captures the reality of crucial state-interest-group relations.
▪ Schmitter concludes: What corporatism means for state and society has been the subject of an extended debate in recent years.
▪ She began to re-write Tory policy on tax, on public spending, on welfare, on corporatism.
▪ The Activist Confederations were to be associate members who were to disseminate the belief in corporatism throughout the community.
▪ Was the fiscal constitution corrupted and if so was it by Keynesianism or by corporatism?
Douglas Harper's Etymology Dictionary
corporatism

1890, from corporate + -ism. Used over the years in various senses of corporate, in 1920s-30s often with reference to fascist collectivism.

Wiktionary
corporatism

n. 1 Political/economic system in which power is exercised through large organizations (businesses, trade unions, their associated lobbying efforts, etc.) working in concert or conflict with each other; usually with the goal of influencing or subsuming the direction of the state and generally only to benefit their own socioeconomic agenda at the expense of the will of the people, and to the detriment of the common good. 2 The influence of large business corporation in politics.

Wikipedia
Corporatism

Corporatism, also known as corporativism, is the sociopolitical organization of a society by major interest groups, or corporate groups, such as agricultural, business, ethnic, labour, military, patronage, or scientific affiliations, on the basis of common interests. It is theoretically based on the interpretation of a community as an organic body. The term corporatism is based on the Latin root word "corpus" (plural – "corpora") meaning "body".

In 1881, Pope Leo XIII commissioned theologians and social thinkers to study corporatism and provide a definition for it. In 1884 in Freiburg, the commission declared that corporatism was a "system of social organization that has at its base the grouping of men according to the community of their natural interests and social functions, and as true and proper organs of the state they direct and coordinate labor and capital in matters of common interest".

Corporatism is related to the sociological concept of structural functionalism. Corporate social interaction is common within kinship groups such as families, clans and ethnicities. In addition to humans, certain animal species like penguins exhibit strong corporate social organization. Corporatist types of community and social interaction are common to many ideologies, including absolutism, capitalism, conservatism, fascism, liberalism, progressivism, reactionism.

Corporatism may also refer to economic tripartism involving negotiations between business, labour, and state interest groups to establish economic policy. This is sometimes also referred to as neo-corporatism and is associated with social democracy.