Hugh Johnson
Member
No. That is clearly wrong and you do not know what that system refers to. Corporatist system is still used in countries like Finland although neoliberalism has eroded it. It refers to a system in which the state, labour and capital negotiated a deal to keep the economy and incomes growing and stable.Another, better word instead of "corporate capitalism" would be "corporatism." That is basically how Mussolini defined Fascism.
You know nothing about the economy.