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Liberal Corporatism
Liberal corporatism is the application of economic corporatism by liberal political parties and organizations, that recognizes the bargaining interests of multiple groups within society, such as in the business, labour, and agricultural sectors and licenses them to engage in bargaining over economic policy with the state.Frank Bealey, Richard A. Chapman, Michael Sheehan. ''Elements in political science''. Edinburgh, UK: Edinburgh University Press, 1999. P36. Liberal corporatism is often in conflict from proponents of liberal pluralism that opposes the granting of power to organized interest groups. English liberal philosopher John Stuart Mill supported corporatist-like economic associations as needing to predominate in society to create equality for labourers and give them a voice in management through democratic economic rights.Gregg, Samuel. ''The commercial society: foundations and challenges in a global age''. Lanham,USA; Plymouth, UK: Lexington Books, 2007. Pp. 109. Unlike ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporatism
Corporatism is a collectivist political ideology which advocates the organization of society by corporate groups, such as agricultural, labour, military, business, scientific, or guild associations, on the basis of their common interests. The term is derived from the Latin ''corpus'', or "body". As originally conceived, and as enacted in fascist states in mid-20th century Europe, corporatism was meant to be an alternative to both free market economies and socialist economies. The hypothesis that society will reach a peak of harmonious functioning when each of its divisions efficiently performs its designated function, as a body's organs individually contributing its general health and functionality, lies at the center of corporatist theory. Corporatism does not refer to a political system dominated by large business interests, even though the latter are commonly referred to as "corporations" in modern American vernacular and legal parlance; instead, the correct term for thi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
