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30 November, 11:27

Some nondemocracies have replaced their civil society by creating or sanctioning a limited number of organizations, such as churches, labor unions, and student or youth groups that are set up or approved by the state. What is this known as?

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  1. 30 November, 15:13
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    Some nondemocracies have replaced their civil society by creating or sanctioning a limited number of organizations, such as churches, labor unions, and student or youth groups that are set up or approved by the state. This is known as corporatism.

    Explanation:

    Controlling of the organization of society or the state by corporate groups is known as corporatism. Unlike capitalism, corporatism is a political and economic system that works for social justice and equality among individuals.

    Corporatism involves in negotiations between labor and business interest groups and establishes the economic policy.

    There are different types of corporatism, they are as follows:

    • Communitarian corporatism

    • Absolutist corporatism

    • Progressive corporatism

    • Liberal corporatism

    • Fascist corporatism

    • Neo-corporatism

    • Chinese corporatism

    • Russian corporatism
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