Vocabulary Entry

corporatism

|noun

noun

A political and economic system in which corporations play a central role in the governance and operation of society, often at the expense of individual freedoms and liberties.

Example Sentences

"The rise of corporatism has led to significant influence of big businesses on political decisions."

"Critics argue that corporatism undermines democracy by prioritizing corporate interests over the public good."

"Many fear that corporatism will widen the gap between the wealthy and the poor."