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.
Think of a boardroom meeting where representatives from the government, labor unions, and businesses come together to make important decisions. They work collaboratively towards finding common ground and reaching agreements.
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.
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