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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 ]
The Philippines was also ahead of some European countries in offering education for women. [34] Ironically, it was during the time of American occupation of the Philippines that the results of Spanish education were more visible, especially in the literature, printed press and cinema.
In the Philippines, a government-owned and controlled corporation (GOCC), sometimes with an "and/or", [1] is a state-owned enterprise that conducts both commercial and non-commercial activity. Examples of the latter would be the Government Service Insurance System (GSIS), a social security system for government employees.
The history of the Philippines from 1565 to 1898 is known as the Spanish colonial period, during which the Philippine Islands were ruled as the Captaincy General of the Philippines within the Spanish East Indies, initially under the Viceroyalty of New Spain, based in Mexico City, until the independence of the Mexican Empire from Spain in 1821.
The Spanish–American War reached the Philippines on May 1 with the Battle of Manila Bay. Aguinaldo returned from exile, set up a new government, and proclaimed the independence of the Philippines on June 12, 1898, in Kawit, Cavite. [23] Aguilnaldo gained support even from Ilustrados who had opposed the initial revolution.
Corporatism is a political system of interest representation and policymaking whereby corporate groups, such as agricultural, labour, military, business, scientific, or guild associations, come together and negotiate contracts or policy (collective bargaining) on the basis of their common interests.
Education became a very important issue for the United States colonial government, since it allowed it to spread their cultural values, particularly the English language, to the Filipino people. [2] On March 10, 1901, with the Philippine-American war drawing to a conclusion, Elwell S. Otis , as Military Governor , created the Department of ...
Examples of ergatocracy include communist revolutionaries and rebels who control most of society and establish an alternative economy for people and workers. See Dictatorship of the proletariat. Herrenvolk democracy: A form of government in which only a specific ethnic group participates in government, while other ethnic groups are ...