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corporatist

B2
Uncommon

Pronunciation

UK

    US

    • /ˈkɔrpərətɪst/

    Meanings

    Adjective

    1. relating to corporatism as a political or economic system

    2. favoring or serving the interests of large corporations

    Noun

    1. a person who supports or practices corporatism

    2. a person seen as favoring corporate power or interests

    Beyond the definition

    You can call something corporatist when it follows the ideas of corporatism—a setup where major groups in society (business groups, unions, and often the government) don’t just fight each other from the outside, but sit down and make decisions together. In a corporatist approach, these groups may bargain over things like wages, workplace rules, prices, and production targets.

    Historically, some countries used versions of this after World War II as a way to reduce conflict and keep the economy steady. Today, corporatist is also often used as a criticism: it can suggest that big business has too much influence over government, especially when industry groups push hard for rules that help them more than the public. So the word can be neutral in a textbook sense, or negative in everyday political talk.

    Examples

    1. 1

      Economic system

      After the war, the country developed a corporatist system in which the government, unions, and employers negotiated national wage deals.

    2. 2

      Policy criticism

      Critics called the proposal corporatist because it gave major industry groups a direct role in shaping public policy.

    3. 3

      Political belief

      He was not a corporatist; he believed business groups and unions should have less influence over the state.

    See also

    Similar

    • corporative

    Contrast

    Do not confuse

    Used with (collocations)

    • corporatist state
    • corporatist model
    • corporatist economy

    Word family

    Explore

    • interest group
    • social partnership

    Forms and spellings

    1 form open this card.

    Main spelling

    • corporatistnounadjective