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Corporatism for Dummies

noun

pronunciation: 'kɔrpərə,tɪzəm

What does Corporatism really mean?

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Hey there! So, I understand you want to know what "corporatism" means, right? Well, let's dive right into it and break it down in a simple and engaging way!

So, my friend, "corporatism" is a fancy word that describes a system in which large companies and businesses have a lot of power and influence over our society and government. It's like when a big kid in the playground tries to boss around and tell everyone what to do, but instead of a playground, we're talking about the whole country or even the entire world!

Now, let me explain this a little further. You see, in the world of "corporatism," these big companies can have a say in making important decisions that affect everyone's lives. Imagine you and your friends are deciding on what game to play during recess. Usually, everyone gets a vote to decide, right? But in a "corporatism" situation, the big kid or the big company would have a much louder voice and could end up deciding which game to play, even if not everyone agrees. It's like having a playground where the big kid always gets their way, and everyone else has to follow along.

Now, here's the cool part: "corporatism" can also refer to a close relationship between government and these big companies. It's like they become really good friends or even family members! Just like how you have your best friend or a cousin that you're always together with, the government and these companies work closely together. Sometimes, it's even hard to tell where the government ends, and the big companies begin! They share interests, power, and even resources.

So, to sum it all up, "corporatism" means a system where big companies have a lot of control and influence over society and government. It's like a playground where the big kid always gets their way and even becomes best friends with the teachers and principal.

Hope that helps, my friend! Let me know if there's anything else you'd like to know!

Revised and Fact checked by James Thompson on 2023-10-28 08:19:34

Corporatism In a sentece

Learn how to use Corporatism inside a sentece

  • Corporatism is when big companies work together with the government to make rules that benefit them and not the small businesses or regular people. For example, imagine if the government made a law that said only big tech companies could sell phones, and all the small phone stores had to close down.
  • Corporatism can also be seen when a company has a lot of control over a particular industry. Like if one huge company owned all the supermarkets in a country and decided what food could be sold and at what prices.
  • Sometimes, politicians may make decisions that mainly favor the interests of big corporations rather than considering what might be best for the ordinary citizens. For instance, if a government decides to give a big tax break only to multinational companies and not to small local businesses.
  • When many media outlets are controlled by a small group of powerful companies, it can lead to corporatism. These companies may influence what news is shown or how it is presented to benefit their own interests.
  • In some countries, political power is concentrated in the hands of a few wealthy individuals who also control major businesses. This is an example of corporatism because these individuals can use their power to shape laws and regulations to benefit their business interests.

Corporatism Hypernyms

Words that are more generic than the original word.