An economic or political system in which society is organized into corporate groups (like unions, guilds, or professional associations) that work together under state coordination.
From 'corporative' plus '-ism' (forming ideologies). Developed as a distinct political philosophy in the early 20th century, especially in Europe, emphasizing organized groups over individual or purely capitalist systems.
Both fascist Italy and Catholic Social Teaching promoted 'corporativism'—they saw it as balancing capital and labor through organized groups, making it appealing across the political spectrum!
Complete word intelligence in one call. Free tier — 50 lookups/day.