Social profitability definition

Jump to navigation Social profitability definition to search This article is about the general social theory. For business influence in politics, see Corporatocracy.

This article is missing information about criticism of corporatism, economic analysis of strengths and weaknesses. Please expand the article to include this information. Further details may exist on the talk page. Corporatism is a political ideology which advocates the organization of society by corporate groups, such as agricultural, labour, military, scientific, or guild associations on the basis of their common interests. Corporatist ideas have been expressed since Ancient Greek and Roman societies, with integration into Catholic social teaching and Christian democracy political parties.

Corporatism may also refer to economic tripartism involving negotiations between labour and business interest groups and the government to establish economic policy. This is sometimes also referred to as neo-corporatism and is associated with social democracy. Kinship-based corporatism emphasizing clan, ethnic and family identification has been a common phenomenon in Africa, Asia and Latin America. In the Middle Ages, the Catholic Church sponsored the creation of various institutions including brotherhoods, monasteries, religious orders and military associations, especially during the Crusades, to sponsor association between these groups. In 1881, Pope Leo XIII commissioned theologians and social thinkers to study corporatism and provide a definition for it.

Corporatism’s popularity increased in the late 19th century and a corporatist internationale was formed in 1890, followed by the publishing of Rerum novarum by the Catholic Church that for the first time declared the Church’s blessing to trade unions and recommended for organized labour to be recognized by politicians. Ancient Greece developed early concepts of corporatism. In Politics , Aristotle also described society as being divided along natural classes and functional purposes that were priests, rulers, slaves and warriors. Absolute monarchies during the late Middle Ages gradually subordinated corporatist systems and corporate groups to the authority of centralized and absolutist governments, resulting in corporatism being used to enforce social hierarchy. After the French Revolution, the existing absolutist corporatist system was abolished due to its endorsement of social hierarchy and special “corporate privilege” for the Roman Catholic Church.