corporatism

[US]/'kɔrpərətɪzəm/
Frequency: Very High

Translation

n. corporatism

Example Sentences

Corporatism often leads to a concentration of power in the hands of a few large companies.

Many critics argue that corporatism undermines competition and innovation in the market.

Corporatism can result in collusion between businesses to maintain their dominance in the industry.

Corporatism is often associated with close ties between government and big business.

Critics of corporatism argue that it can lead to unfair advantages for large corporations over small businesses.

Corporatism may stifle entrepreneurship and hinder the growth of small and medium-sized enterprises.

Corporatism has been criticized for promoting cronyism and favoritism within the business community.

The concept of corporatism is complex and has different interpretations depending on the context.

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