Corporatism vs Socialism - What's the difference?
corporatism | socialism |
Political/economic system in which power is exercised through large organizations (businesses, trade unions, their associated lobbying efforts, etc.) working in concert or conflict with each other; usually with the goal of influencing or subsuming the direction of the state and generally only to benefit their own socioeconomic agendas at the expense of the will of the people, and to the detriment of the common good.
The influence of large business corporations in politics.
(Marxism) The intermediate phase of social development between capitalism and full communism in Marxist theory in which the state has control of the means of production.
Any of several later political philosophies such as libertarian socialism, democratic socialism and social democracy which do not envisage the need for full state ownership of the means of production nor transition to full communism, and which are typically are based on principles of community decision making, social equality and the avoidance of economic and social exclusion, with economic policy should giving first preference to community goals over individual ones.
* 1978 , , The Cultural Contradictions of Capitalism , Basic Books, page xii:
As nouns the difference between corporatism and socialism
is that corporatism is political/economic system in which power is exercised through large organizations (businesses, trade unions, their associated lobbying efforts, etc.) working in concert or conflict with each other; usually with the goal of influencing or subsuming the direction of the state and generally only to benefit their own socioeconomic agendas at the expense of the will of the people, and to the detriment of the common good while socialism is the intermediate phase of social development between capitalism and full communism in Marxist theory in which the state has control of the means of production.corporatism
English
(wikipedia corporatism)Noun
(en noun)socialism
English
(wikipedia socialism)Noun
(en-noun)- For me, socialism is not statism, or the collective ownership of the means of production. It is a judgment on the priorities of economic policy.. the community takes precedence over the individual in legitimate economic policy. The first lien on the resources of a society therefore should be to establish that "social minimum" which would allow individuals to lead a life of self-respect, to be members of the community.
