Corporationalism (Noun) is an economic and political theory advocating the rights and power of Corporation(
s) over the individual,
people, governments, locally, regionally, nationally and internationally. Its main characteristic are that it is fiercely opposed to "red tape", which can be anything from bank reform, union membership and health insurance reform to
extra safety costs, the big corporations see
government as a potential hindrance to their activities. Its main goal is to make the largest profit for its shareholders, for the least amount of costs. It is derived by the earlier concept of Corporatism.
Currently Corporatism is being replaced by a new, highly
government- and regulation-resistant strain of "corporationalism". Corporatism has been known by many words in the past such as Corporate Capitalism Imperialism, Colonialization, Fascism.
Examples of Corporationalism include:
Citizens United v FEC(2010) landmark decision by the U.
St.
Sup. Ct., holding corporate funding of independent political broadcasts in elections cannot be limited under the 1st Amndt.
Massey Energy's mine explosion in W.V,.
BP Deepwater Horizon oil spill
Bhopal disaster which is the
world's worst industrial catastrophe
