As I’ve been taking poli sci classes, its pretty shocking how much business is intertwined with government in Europe and…it seems to be working…
I don’t know. While on one hand I get the argument that most corporations are super super evil and government shouldn’t let them within 500 feet of capitol building, it seems to be working really well for Germany, France, and the UK to have business and the executive closely tied to each other.
Wait, first of all let’s define terms. By “corporatism” do you mean “corporatocracy,” that is, a system where business corporations mostly set the government agenda? Or, do you mean what political scientists mean by “corporatism”?
Corporatism: In Europe, arrangements through which government, business, and labor leaders cooperatively set micro or macroeconomic policy, normally outside of the regular electoral legislative process.
To be more specific: This isn’t a government run by corporations. This is more one-in-the-same with socialism where iron triangles are very strong and government owns a decent amount of businesses (though not the majority, by far).
N.B.: The “more than one meaning” of the word does not include rule/predominance of the state by business corporations.
Now, the obvious conceptual flaw in corporatism as defined above is that it assumes the society/economy to be a roughly-finished product that only needs proper organization of its essential parts. Once the system is established, with each economic sector having its own guild or corporation, how does some new industry, such as IT, fit into the system? Does the system even encourage it?