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Corporatism

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Noun

corporatism

Definition: control of a state or organization by large interest groups; "individualism is in danger of being swamped by a kind of corporatism"

Definition: A political system in which society is organized into collective interest groups or "bodies" (Latin corpora) which are subservient to the state and act as organs of political representation.

Definition: A form of capitalism in which the government is lobbied by, or generally heavily favors, corporations at the expense of the general populace.

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