Corporatism
political ideology which advocates the organization of society by corporate groups From Wikipedia, the free encyclopedia
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Corporatism is the idea from political science that different groups of society should take part in political decisions. If these groups have a choice to participate, the corporatism is called liberal, if they are forced the corporatism is called authoritarian. The guilds that existed in the Middle ages are a form of corporatism.
It is not the same thing as rule by business corporations.
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