Corporatist systems are political systems where key decisions are made through negotiations between the government, labor unions, and business organizations. These systems aim for cooperation and consensus-building among these major societal actors.
Related terms
Tripartite Structure: Refers to the three main actors involved in corporatist systems - government, labor unions, and business organizations.
Social Partnership: This term describes the cooperative relationship between these three actors in corporatist systems.
Collective Bargaining: The process by which labor unions negotiate with employers on behalf of workers regarding wages, working conditions, etc., often seen in corporatist systems.