Corporatism – A New Type of Socioeconomic System

Nikolai Naidenov
Authors registered in the RePEc Author Service: Nikolay Trifonov Naydenov ()

Economic Thought journal, 2002, issue 5, 27-43

Abstract: Some elements of the socioeconomic system called Corporatism are outlined and analyzed in this paper. In this system a new type of property on the means of production comes into being, and a considerable part of the functions executed respectively by the individual or by the state in the alternative systems capitalism and socialism, pass over to the corporation. This leads to changes in the character of competition, the system of social protection, the aims of the social production, the manifestation of the freedom of the individual. The fundamental characteristics of corporatism are traced out on three different levels - intercompany (meso), intracompany (micro) and national (macro) level. The relations between companies are institutionalized predominantly under the form of multisector amalgamations of joint stock companies (MSAJSC), which are namely considered as a new type of property on the means of production. The basic peculiarities of the corporatistic company can be summarized in the integration of management and workers and in the independence of the company leaders from the control of capital. The influence of the state on corporations is indirect and is based on the "mutual understanding", built up in the process of continuous interaction.

JEL-codes: L22 O53 P47 (search for similar items in EconPapers)
Date: 2002
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