Can someone explain to me the difference between capitalism and corporatism?

3 ⤊

Can someone explain to me the difference between capitalism and corporatism?

Be as specific as possible, thanks.

2006-12-26 03:30:56 · 2 answers · asked by bullet_to_the_brain 4 in Social Science ➔ Economics

2 answers

Capitalism, in theory, is a society where businesses are run for the benefit of their shareholders. Corporatism is a society where businesses are run for the benefit of their managers, who may or may not have ownership interest in businesses.

2006-12-26 03:34:58 · answer #1 · answered by NC 7 · 3⤊ 0⤋

Fascism.

2006-12-26 07:29:46 · answer #2 · answered by Anonymous · 0⤊ 0⤋