Phrase coined by Dylan Ratiger, MSNBC, basically meaning the current government/corporate system in place that is funneling money=power=control from the masses to a few select individuals, at the cost of competition and choice. Examples are the 24 trillion backing of the financial institutions and health care corporations that are exempt from the Sherman Antitrust Act.
by Quido1 April 17, 2010
1. Property communally owned by major corporations (big business, mega-corps), with the production and distribution of goods and services, supported and determined by limited competition in the marketplace.
2. Government contracts (usually military) are given to corporations. Also, known as "corporate welfare".
3. The "Military-Industrial Complex" mentioned by President Dwight Eisenhower in his final speech.
Attributed to Cenk Uygur, host and founder of the progressive media group, "The Young Turks".
Originally created by Francwa Sims, author of the "Anacostia Diaries: The Rants of a Madman, 2002".
2. Government contracts (usually military) are given to corporations. Also, known as "corporate welfare".
3. The "Military-Industrial Complex" mentioned by President Dwight Eisenhower in his final speech.
Attributed to Cenk Uygur, host and founder of the progressive media group, "The Young Turks".
Originally created by Francwa Sims, author of the "Anacostia Diaries: The Rants of a Madman, 2002".
All these companies depend on corporate communism to survive, but don't want their employees to have guaranteed health insurance for all, worker unions, a living wage, and paid leave.
by CyberForce_dc February 22, 2023
by Dingus McClure February 25, 2020
I coined this term in 2001 in personal writings. It was stolen by a popular msnbc commentator who asserted to have coined the phrase and he did not.
by Hank Photo October 11, 2015
by Roof_Top_Koreans_ April 27, 2021