| I don't care what the devil you call it, corporatism is a form of capitalism!
Now, before we go on, allow me to define what capitalism is. Most people will say only laissez-faire is the "true" capitalism, but this is the definition of the no true scotsman fallacy(in a form). Capitalism is basically a form of socio-economics(IT IS NOT A FORM OF GOVERNMENT!!!) that involves one "subclass" of capitalists(those who invest in capital[that which requires labor to produce commodities or services]) to employ laborors. This is capitalism, the same definition the man who coined the word ----Dr. Karl Marx---- employed.
Corporatism merely replaces the number of companies for cartels/corporations. That is to say that when capitalism from its origins has so few competitors that they have immense power. Social Darwinism has an inherit flaw in it, and -ironically- Social Darwinism is an inherit part of Laissez-faire. Social Darwinism presupposes that the companies reproduce before they "die out", just like in Darwinism, however in practicality no company ever does so! This leads to Oligopolies in Capitalism.
These Oligopolies are oftentimes imperialist(viz. all forms of the East India co., West India Co., etc.). It still, however, qualifies as capitalism. Replacing the single company with that of a collection of many companies under a single leadership of the corporate oligarchy, or the capitalists in a corporatism. What else is there to be said? |