corporatization
Adopting corporate structure
Corporatization is the process of restructuring a government agency or public institution to operate like a private corporation—adopting business practices, profit motives, and management structures typical of the private sector.
The term often carries critical connotations, suggesting that values like public service or education are being subordinated to efficiency metrics and bottom-line thinking: the corporatization of universities, the corporatization of healthcare.
State sells public assets
- deregulationRemoving governmental business restrictions
- liberalizationReducing state economic controls
- restructuringRearranging an existing framework
- consolidationCombining into unified whole
buyout · takeover · IPO · divestiture · outsourcing · downsizing · streamlining · professionalization
Corporation spanning many industries
- subsidiaryOf lesser importance
- affiliateConnected member organization
- consortiumCooperative group for ventures
- partnershipShared business arrangement
merger · acquisition · franchise · multinational · headquarters · boardroom · spin-off · bureaucracy
Transforming into sellable goods
- homogenizationMaking things the same
- consumerismPreoccupation with acquiring goods
- soullessnessLacking spirit or feeling
- McDonaldizationSociety adopting fast-food principles
depersonalization · exploitation · greenwashing · astroturfing · corporatocracy · neoliberalism · alienation · bureaucratization
Operating across multiple countries
- transnationalCrossing country lines
- cross-borderSpanning national boundaries
- offshoringMoving work overseas
- outsourcingThird-party task delegation
Organized provision of treatment
- educationSystematic development of mind
- prisonsDetention facilities for criminals
- agricultureCultivation of land, livestock
- mediaInformation distribution channels
sports · universities · hospitals · utilities · broadcasting · farming · agribusiness · financialization
privatization
State sells public assets
- deregulationRemoving governmental business restrictions
- liberalizationReducing state economic controls
- restructuringRearranging an existing framework
consolidation · buyout · takeover · IPO · divestiture · outsourcing · downsizing · streamlining · professionalization · standardization
conglomerate
Corporation spanning many industries
- subsidiaryOf lesser importance
- affiliateConnected member organization
- consortiumCooperative group for ventures
partnership · merger · acquisition · franchise · multinational · headquarters · boardroom · spin-off · bureaucracy · hierarchy
commodification
Transforming into sellable goods
- homogenizationMaking things the same
- consumerismPreoccupation with acquiring goods
- soullessnessLacking spirit or feeling
McDonaldization · depersonalization · exploitation · greenwashing · astroturfing · corporatocracy · neoliberalism · alienation · bureaucratization
multinational
Operating across multiple countries
- transnationalCrossing country lines
- cross-borderSpanning national boundaries
- offshoringMoving work overseas
healthcare
Organized provision of treatment
- educationSystematic development of mind
- prisonsDetention facilities for criminals
- agricultureCultivation of land, livestock
media · sports · universities · hospitals · utilities · broadcasting · farming · agribusiness · financialization
- organizational changemerger, acquisition, restructuring, reorganization, expansion
- privatizationprivatization, denationalization, divestiture, asset sales, healthcare privatization
- economic policymonetary policy, tax policy, fiscal discipline, fiscal stimulus, fiscal restraint
corporatizationnationalization
Government acquisition of industry
public ownership · state ownership · socialization · collectivization · municipalization
corporatizationinformalization
Shift toward casual norms
decentralization · grassroots organizing · cottage industry · localization · small business
corporatizationsocialism
Communal economic control
anti-capitalism · collectivism · communism · mutualism · degrowth
corpse, corporation, incorporate, corporate, corporeal, corporal, incorporation, incorporated, corporations