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Corporatocracy [a] or corpocracy is an economic, political and judicial system controlled or influenced by business corporations or corporate interests. [ 1 ] The concept has been used in explanations of bank bailouts , excessive pay for CEOs , and the exploitation of national treasuries, people, and natural resources . [ 2 ]
Term Description Examples Autocracy: Autocracy is a system of government in which supreme power (social and political) is concentrated in the hands of one person or polity, whose decisions are subject to neither external legal restraints nor regularized mechanisms of popular control (except perhaps for the implicit threat of a coup d'état or mass insurrection).
The terms "corporatocracy" and "corporatism" are often confused due to their similar names and to the use of corporations as organs of the state. Corporatism developed during the 1850s in response to the rise of classical liberalism and Marxism , and advocated cooperation between the classes instead of class conflict .
Different normative theories exist on the necessary and appropriate function of the state in a capitalist economy, with proponents of laissez-faire favoring a state limited to the provision of public goods and safeguarding private property rights while proponents of interventionism stress the importance of regulation, intervention and ...
The board was convinced and in 1766 Warrington Academy replaced its classical curriculum with Priestley's liberal arts model. [3]Some scholars of education have argued that this work and Priestley's later Miscellaneous Observations relating to Education (1778) (often reprinted with the Essay on Education) [4] made Priestley the "most considerable English writer on educational philosophy ...
Yet consistently we have failed to reform public education and provide maximum funding to make it a premier system. The governor promised over two terms to make Oklahoma a top 10 state. However ...
Karl Marx's three volume Capital: A Critique of Political Economy is widely regarded as one of the greatest written critiques of capitalism. [citation needed]Criticism of capitalism typically ranges from expressing disagreement with particular aspects or outcomes of capitalism to rejecting the principles of the capitalist system in its entirety. [1]
Rosa Parks. Susan B. Anthony. Helen Keller. These are a few of the women whose names spark instant recognition of their contributions to American history.