Posted on 08/21/2010 9:42:44 AM PDT by Marty62
In this view, government decisions are seen as being influenced strongly by which sorts of policies will lead to greater profits for favored companies. In this sense of the word, corporatism is also termed corporatocracy. Corporatism is also used to describe a condition of corporate-dominated globalization. Points enumerated by users of the term in this sense include the prevalence of very large, multinational corporations that freely move operations around the world in response to corporate, rather than public, needs; the push by the corporate world to introduce legislation and treaties which would restrict the abilities of individual nations to restrict corporate activity; and similar measures to allow corporations to sue nations over "restrictive" policies, such as a nation's environmental regulations that would restrict corporate activities.
In another modern use of the term, which has appeared in recent literature of political science and sociology, "neo-corporatism" refers to social arrangements dominated by tri-partite bargaining between unions, the private sector (capital), and government. Such bargaining is oriented toward (a) dividing the productivity gains created in the economy "fairly" among the social partners and (b) gaining wage restraint in recessionary or inflationary periods.
Most political economists believe that such neo-corporatist arrangements are only possible in societies in which labor is highly organized and various labor unions are hierarchically organized in a single labor federation. Such "encompassing" unions bargain on behalf of all workers, and have a strong incentive to balance the employment cost of high wages against the real income consequences of small wage gains. In the work of some scholars, such as Peter Katzenstein, neo-corporatist arrangements enable small open economies to effectively manage their relationship with the global economy. The adjustment to trade shocks occurs through a bargaining process in which the costs of adjustment are distributed evenly ("fairly") among the social partners.
(Excerpt) Read more at wordiq.com ...
Not surprised that Dums would try to put lipstick on this dangerous pig. .................. "A Corporate police state is a pejorative term for a hypothetical system of government that combines an economy based on private enterprise, especially large business corporations, with a repressive and authoritarian government. It is envisioned that a corporate police state could manifest itself in a kind of modern feudalism, or, in combination with sufficient nationalism and strong state power, could turn into a variant of fascism.'
FYI post for edu only.
I have wondered how ANY Administration would accept 10% unemployment as a fact of life for Citizens.
And especially openly stating it is a state of reality for years to come. !0% is the new 5%. WHY?
Obama doesn't pursue socialism Freepers, the model is Fascism.
Makes one wonder why this spend the taxpayers money as fast as you can Dums, haven’t spent ALL of the Bailout $$$$? The Dums have never given an answer as to WHY they will not return the unspent funds?
I submit that the next move will be a massive Gov. buyout of all bank foreclosed proerty. (Fanny/Freddie 1st).
Then make decisions based on voter basis, who gets the property. Government give away.
Sound crazy, well maybe not, would ever thought the Dums would dare takeover a major auto company, GM?
“I submit that the next move will be a massive Gov. buyout of all bank foreclosed proerty.”
To be turned over to the U.N. for Agenda 21.
We need to get away from this question of whether it's socialism or fascism that Obama pursues.
The difference between the two is the difference between vanilla and French vanilla. They are both variations on the same theme -- statism, which is the main point.
Leftist intellectuals love to bog us down in questions like whether he is socialist or fascist, and we need to stop playing the leftist word games.
BTW, Wiki has a pretty good discussion of corporatism.http://en.wikipedia.org/wiki/Corporatism
They think the American people are to stupid to figure out what they are up to.
[ a collectivist approach? ;-) ]
No I don't have to do that. I prefer to know, more specifically, the approach he is taking. The reason is that I can more clearly bring attention to the fact that he is a statist (there are still those who don't know or are unclear on the concept) by pointing out clear historical parallels.
It's good to see that we both agree on the basics.
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