Yellow socialism

Yellow socialism, or yellow unionism, was an economic system proposed in 1902 in France by Pierre Biétry, as an alternative to the "red socialism" advocated in Marxism. Biétry envisioned workers organizing unions which would operate in parallel with groups of businesses (a structure similar to corporatism). Workers would get a greater share of company profits through negotiation between each union and the corresponding business group. Above this would be a strong authoritarianState.

Yellow socialism was prominent in France until World War I, competing with Marxism for support among workers. The name "yellow socialism" was also a Marxist term of abuse for perceived right-wing socialists. After World War I, the term "yellow socialism" fell into disuse.