Community Chat

[Noel7]

No, I didn't make it up... wish I could claim credit

Corporatocracy, in social theories that focus on conflicts and opposing interests within society, denotes a system of government that serves the interest of, and may be run by, corporations and involves ties between government and business. Where corporations, conglomerates, and/or government entities with private components, control the direction and governance of a country, including carrying out economic planning (notwithstanding the "free market" label).

^{WIKI defintion}

^{http://en.wikipedia.org/wiki/Corporatocracy}