corporatocracy
Firms governing nations
Corporatocracy describes a society or system where corporations hold dominant political and economic power, influencing or controlling government policy to serve business interests over public welfare.
The term is almost always critical, suggesting that democratic institutions have been captured by corporate influence: We don't live in a democracy anymore—it's a corporatocracy.
Compare plutocracy and oligarchy.
Rule by few
- plutocracyRule by the rich
- kleptocracyState-sponsored looting system
- technocracyGovernance by technical experts
- monopolyOne seller, no substitutes
hegemony · conglomerate · cartel · merger · acquisition · consolidation · deregulation · privatization
Senior corporate officers
- CEOsHighest corporate officers
- tycoonsPowerful business leaders
- magnatesWealthy, powerful industrialists
- oligarchsWealthy few who govern
plutocrats · boardroom · shareholders · ruling class · power brokers · captains of industry · billionaires · donor class
Biased information for influence
- spinRapid rotation around axis
- greenwashingFalse sustainability claims
- astroturfingDisguised sponsored advocacy
- PRStrategic communication management
disinformation · manufactured consent · think tank · media ownership · public relations · buzzwords · doublespeak · whitewashing
Opposed to large companies
- inequalityUnequal distribution of resources
- exploitationSelfish use of others
- wage theftEmployer withholding earned compensation
- sweatshopExploitative manufacturing workplace
outsourcing · downsizing · union busting · austerity · bailout · too big to fail · tax haven · offshore
Favoring friends in appointments
- crony capitalismEconomy favoring the connected
- nepotismPreferring kin in hiring
- patronageSupporter's financial backing
- favoritismPreferential treatment of some
kickbacks · bribery · graft · pay-to-play · quid pro quo · conflict of interest · self-dealing · embezzlement
oligarchy
Rule by few
- plutocracyRule by the rich
- kleptocracyState-sponsored looting system
- technocracyGovernance by technical experts
monopoly · hegemony · conglomerate · cartel · merger · acquisition · consolidation · deregulation · privatization · neoliberalism
executives
Senior corporate officers
- CEOsHighest corporate officers
- tycoonsPowerful business leaders
- magnatesWealthy, powerful industrialists
oligarchs · plutocrats · boardroom · shareholders · ruling class · power brokers · captains of industry · billionaires · donor class · Davos
propaganda
Biased information for influence
- spinRapid rotation around axis
- greenwashingFalse sustainability claims
- astroturfingDisguised sponsored advocacy
PR · disinformation · manufactured consent · think tank · media ownership · public relations · buzzwords · doublespeak · whitewashing · pinkwashing
anticorporate
Opposed to large companies
- inequalityUnequal distribution of resources
- exploitationSelfish use of others
- wage theftEmployer withholding earned compensation
sweatshop · outsourcing · downsizing · union busting · austerity · bailout · too big to fail · tax haven · offshore · accountability
cronyism
Favoring friends in appointments
- crony capitalismEconomy favoring the connected
- nepotismPreferring kin in hiring
- patronageSupporter's financial backing
favoritism · kickbacks · bribery · graft · pay-to-play · quid pro quo · conflict of interest · self-dealing · embezzlement · fraud
- governmentsdemocracy, monarchy, autocracy, oligarchy, republic
- greedgreed, avarice, covetousness, cupidity, materialism
- elite poweroligarchy, plutocracy, oligarch, plutocrat, oligarchs
- rule typesdemocracy, autocracy, oligarchy, theocracy, aristocracy
corporatocracydirect democracy
Voters decide policy personally
democracy · participatory democracy · popular sovereignty · grassroots democracy · democratic socialism
corporatocracysocialism
Communal economic control
communism · collectivism · worker ownership · public ownership · worker cooperatives
corporatocracyegalitarianism
Philosophy of universal equality
populism · communitarianism · anarchism · anti-capitalism · Marxism
corporation, incorporate, corps, corporate, corporeal, corporal, incorporation, incorporated, corpulent