Corporatism
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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 ...
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Christian Democracy
Christian democracy (sometimes named Centrist democracy) is a political ideology that emerged in 19th-century Europe under the influence of Catholic social teaching and neo-Calvinism. It was conceived as a combination of modern democratic ideas and traditional Christian values, incorporating social justice and the social teachings espoused by the Catholic, Lutheran, Reformed, Pentecostal, and other denominational traditions of Christianity in various parts of the world. After World War II, Catholic and Protestant movements of neo-scholasticism and the Social Gospel shaped Christian democracy. On the traditional left-right political spectrum Christian Democracy has been difficult to pinpoint as Christian democrats rejected liberal economics and individualism and advocated state intervention, but simultaneously defended private property rights against excessive state intervention. This has meant that Christian Democracy has historically been considered centre left on eco ...
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Corporate Group (sociology)
A corporate group is two or more individuals, usually in the form of a family, clan, organization, or company. A major distinction between different political cultures is whether they believe the individual is the basic unit of their society, in which case they are individualistic, or whether corporate groups are the basic unit of their society, in which case they are corporatist. In social psychology and biology, research shows that penguins reside in densely populated corporate breeding colonies.Murchison, Carl Allanmore; Allee, Warder Clyde. ''A handbook of social psychology, Volume 1''. 1967. Pp. 150. In humans, different cultures have different beliefs about what the basic unit of the culture is. These assumptions affect their beliefs about what the proper concern of the government should be. In social political theory, corporatism refers to organisation of society by designating the individual into corporate groups, whether by force or voluntarily, to represent common inte ...
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State Capitalism
State capitalism is an economic system in which the state undertakes business and commercial (i.e. for-profit) economic activity and where the means of production are nationalized as state-owned enterprises (including the processes of capital accumulation, centralized management and wage labor). The definition can also include the state dominance of corporatized government agencies (agencies organized along business-management practices) or of public companies such as publicly listed corporations in which the state has controlling shares. Marxist literature defines state capitalism as a social system combining capitalism with ownership or control by a state. By this definition, a state capitalist country is one where the government controls the economy and essentially acts like a single huge corporation, extracting surplus value from the workforce in order to invest it in further production. This designation applies regardless of the political aims of the state, even if the s ...
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Tripartism
Tripartism is an economic system of neo-corporatism based on a mixed economy and tripartite contracts between employers' organizations, trade unions, and the government of a country. Each is to act as a social partner to create economic policy through cooperation, consultation, negotiation, and compromise. In Tripartism, the government has a large role in the economy and engages in negotiations between labor unions and business interest groups to establish economic policy. Tripartism became a popular form of economic policy during the economic crisis of the 1930s. Tripartism was supported by a number of different political movements at this time, including: Catholic social teaching, fascism, and democratic political movements. Tripartism is a prominent economic policy in Europe, particularly where Christian Democratic parties influenced by Catholic social teaching have held power; it is a core part of the Nordic model seen in the economic systems of Scandinavia and the Benel ...
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Crony Capitalism
Crony capitalism, sometimes called cronyism, is an economic system in which businesses thrive not as a result of free enterprise, but rather as a return on money amassed through collusion between a business class and the political class. This is often achieved by the manipulation of relationships with state power by business interests rather than unfettered competition in obtaining permits, government grants, tax breaks, or other forms of state intervention over resources where business interests exercise undue influence over the state's deployment of public goods, for example, mining concessions for primary commodities or contracts for public works. Money is then made not merely by making a profit in the market, but through profiteering by rent seeking using this monopoly or oligopoly. Entrepreneurship and innovative practices which seek to reward risk are stifled since the value-added is little by crony businesses, as hardly anything of significant value is created by them, wit ...
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Corporatocracy
Corporatocracy (, from corporate and el, -κρατία, translit=-kratía, lit=domination by; short form corpocracy) is an economic, political and judicial system controlled by corporations or corporate interests. The concept has been used in explanations of bank bailouts, excessive pay for CEOs, as well as complaints such as the exploitation of national treasuries, people, and natural resources. It has been used by critics of globalization, sometimes in conjunction with criticism of the World Bank or unfair lending practices, as well as criticism of free trade agreements. Corporate rule is also a common theme in dystopian science-fiction media. Use of "corporatocracy" and similar ideas Historian Howard Zinn argues that during the Gilded Age in the United States, the U.S. government was acting exactly as Karl Marx described capitalist states: "pretending neutrality to maintain order, but serving the interests of the rich". According to economist Joseph Stiglitz, there has ...
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Socialist
Socialism is a left-wing economic philosophy and movement encompassing a range of economic systems characterized by the dominance of social ownership of the means of production as opposed to private ownership. As a term, it describes the economic, political and social theories and movements associated with the implementation of such systems. Social ownership can be state/public, community, collective, cooperative, or employee. While no single definition encapsulates the many types of socialism, social ownership is the one common element. Different types of socialism vary based on the role of markets and planning in resource allocation, on the structure of management in organizations, and from below or from above approaches, with some socialists favouring a party, state, or technocratic-driven approach. Socialists disagree on whether government, particularly existing government, is the correct vehicle for change. Socialist systems are divided into non-market and market f ...
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Authoritarianism
Authoritarianism is a political system characterized by the rejection of political plurality, the use of strong central power to preserve the political '' status quo'', and reductions in the rule of law, separation of powers, and democratic voting. Political scientists have created many typologies describing variations of authoritarian forms of government. Authoritarian regimes may be either autocratic or oligarchic and may be based upon the rule of a party or the military. States that have a blurred boundary between democracy and authoritarianism have some times been characterized as "hybrid democracies", "hybrid regimes" or "competitive authoritarian" states. The political scientist Juan Linz, in an influential 1964 work, ''An Authoritarian Regime: Spain'', defined authoritarianism as possessing four qualities: # Limited political pluralism, is realized with constraints on the legislature, political parties and interest groups. # Political legitimacy is based upon appeals to ...
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Absolutism (European History)
''Absolutism'' or the ''Age of Absolutism'' ( – ) is a historiographical term used to describe a form of monarchical power that is unrestrained by all other institutions, such as churches, legislatures, or social elites. Absolutism is typically used in conjunction with some European monarchs during the transition from feudalism to capitalism, and monarchs described as ''absolute'' can especially be found in the 16th century through the 19th century. Absolutism is characterized by the ending of feudal partitioning, consolidation of power with the monarch, rise of state power, unification of the state laws, and a decrease in the influence of the Church and the nobility. Absolute monarchs are also associated with the rise of professional standing armies, professional bureaucracies, the codification of state laws, and the rise of ideologies that justify the absolutist monarchy. Absolutist monarchs typically were considered to have the divine right of kings as a cornerstone of ...
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Catholic Social Teaching
Catholic social teaching, commonly abbreviated CST, is an area of Catholic doctrine concerning matters of human dignity and the common good in society. The ideas address oppression, the role of the state (polity), state, subsidiarity, social organization, concern for social justice, and issues of wealth distribution. Its foundations are widely considered to have been laid by Pope Leo XIII's 1891 encyclical, encyclical letter ''Rerum novarum'', which advocated economic distributism. Its roots can be traced to the writings of Catholic theologians such as St. Thomas Aquinas and St. Augustine of Hippo. It is also derived from concepts present in the Bible and cultures of the ancient Near East. According to Pope John Paul II, the foundation of social justice "rests on the threefold cornerstones of human dignity, solidarity and subsidiarity". According to Pope Benedict XVI, its purpose "is simply to help purify reason and to contribute, here and now, to the acknowledgment and attainm ...
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Corporate Capitalism
In social science and economics, corporate capitalism is a capitalist marketplace characterized by the dominance of hierarchical and bureaucratic corporations. Overview A large proportion of the economy of the United States and its labour market falls within corporate control. In the developed world, corporations dominate the marketplace, comprising 50% or more of all businesses. Those businesses which are not corporations contain the same bureaucratic structure of corporations, but there is usually a sole owner or group of owners who are liable to bankruptcy and criminal charges relating to their business. Corporations have limited liability and remain less regulated and accountable than sole proprietorships. Corporations are usually called public entities or publicly traded entities when parts of their business can be bought in the form of shares on the stock market. This is done as a way of raising capital to finance the investments of the corporation. The shareholders appoin ...
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Liberalism
Liberalism is a political and moral philosophy based on the rights of the individual, liberty, consent of the governed, political equality and equality before the law."political rationalism, hostility to autocracy, cultural distaste for conservatism and for tradition in general, tolerance, and ... individualism". John Dunn. ''Western Political Theory in the Face of the Future'' (1993). Cambridge University Press. . Liberals espouse various views depending on their understanding of these principles. However, they generally support private property, market economies, individual rights (including civil rights and human rights), liberal democracy, secularism, rule of law, economic and political freedom, freedom of speech, freedom of the press, freedom of assembly, and freedom of religion. Liberalism is frequently cited as the dominant ideology of modern times.Wolfe, p. 23.Adams, p. 11. Liberalism became a distinct movement in the Age of Enlightenment, gaining popularity ...
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