Corporate Statism

Corporate Statism is an approach to state organization, the likes of which Othmar Spann, Benito Mussolini and others are credited with developing. Corporate Statism involves the ruling party acting as a mediator between the workers, capitalists and other prominent state interests by institutionally incorporating them into the ruling mechanism. Corporatist systems were most prevalent in the mid-20th Century in Europe and later elsewhere in developing countries. However, both in academia and practice, Corporate Statism (or Corporatism as it is also sometimes known) has fallen out of favour. Globalisation and economic and social diversification are both credited with corporate statism's decline. According to this critique, interests, both social and economic, are so diverse that a state cannot possibly mediate between them effectively through incorporating them. Social conflicts go beyond incorporated dichotomies of labour and capital to include innumerable groups. Furthermore, globalisation presents challenges, both social and economic, that a corporate state cannot sufficiently address because these problems transcend state borders and approaches. It therefore differs from Corporate nationalism in that it is a social mode of organization rather than an economic nationalism through private business corporations.

ee also

*Corporatism
*Statism