Corporatism is a political system where various interest groups are organized into a single body that represents their interests and plays a role in decision-making. It involves close collaboration between the government, labor unions, and business organizations.
These are organizations formed by individuals who share common interests or goals and seek to influence public policy. (e.g., labor unions, business associations)
This refers to the exchange of goods or services for political support. In the context of corporatism, it can involve providing benefits or privileges to interest groups in exchange for their loyalty.
State Control: In corporatist systems, the state often exercises significant control over economic activities and social policies to ensure cooperation between interest groups.