Corporate Statism

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Corporate Statism is an approach to state organization, of which Benito Mussolini is creditted with devoloping. Corporate Statism involves the ruling party acting as a mediator between the workers, capitalists and other prominent state interests by institutionally incorporating them into the ruling mechanism. Corporatist systems were most prevalent in the mid-20th Century in Europe and later elsewhere in developing countries. However, both in academia and practice, Corporate Statism (or Corporatism as it is also sometimes known) has fallen out of favour. Globalization and economic and social diversification are both creditted with corporate statism's decline. According to this critique, interests, both social and economic, are so diverse that a state cannot possibly mediate between them effectively through incorporating them. Social conflicts go beyond incorporated dichotmies of labour and capital to include innumerable groups. Furthermore, globalization presents challenges, both social and economic, that a corporate state cannot sufficiently address because these problems transcend state borders and approaches.