corporatism
corporatism is something a lot of people on UD get wrong, it's not rule of the corporations. this misinterpretation happens when people see the prefix "corp" and suffix "ism", and they automatically assume "rule of the corporations" while this is not true. corporatism is third position economics which is rejecting both capitalism and communism. capitalism is made for individualism while corporatism is collectivism. corporatism calls for worker unions and class collaboration, while capitalism does not (inherently).
Communist: Dude the United States is corporatist.
Chad Corporatist: WHAT? That's not what corporatism is at all, just because you hear "corp" and "ism", doesn't mean it's rule of the corporations. Corporatist is collectivist and advocates for worker rights, but it is anti-communist and anti-capitalist. It still allows private ownership like private property (as a commodity).
Communist: Oh. Thanks.
Chad Corporatist: WHAT? That's not what corporatism is at all, just because you hear "corp" and "ism", doesn't mean it's rule of the corporations. Corporatist is collectivist and advocates for worker rights, but it is anti-communist and anti-capitalist. It still allows private ownership like private property (as a commodity).
Communist: Oh. Thanks.
corporatism by opr8r April 23, 2021
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