What is another word for corporatism?
Pronunciation: [kˈɔːpɔːɹətˌɪzəm] (IPA) 
Corporatism is a political and economic system where the power and control lie with corporations, often at the expense of individual freedoms and the common good. Synonyms for corporatism include corporatocracy, oligarchy, elitism, plutocracy, and crony capitalism. Corporatocracy refers to a society that is controlled by corporations, while oligarchy denotes a small group of people having control of a country. Elitism implies that a select few have the power to decide and control society, while plutocracy is when the rich and influential hold all the power. Crony capitalism, on the other hand, refers to a system where businesses and politicians collude to achieve their interests at the expense of the people.
