What is the difference of corporatocracy system than corporatism system?

[nec209]

What is the difference of corporatocracy system than corporatism system?

I thought Corporatocracy is an economic, political and judicial system controlled by business corporations and corporate interests. The concept has been used in explanations of bank bailouts, excessive pay for CEOs, and the exploitation of national treasuries, people, and natural resources and not say other tax cuts for the rich and allowing company mergers.

Some people say the US is more corporatocracy system than corporatism.

But I hear corporatism is the merger of large businesses and corporations and the government. That basically the businesses and corporations run the government. And the government pass laws to help large businesses and corporations.

The US is mix of both? It also does not say how the US became Corporatocracy system.

[LaurieAG]

You can't really answer your question without first answering what is the difference between a corrupt organisation and an organisation of corrupt individuals?

crony capitalism

an economic system characterized by close, mutually advantageous relationships between business leaders and government officials.

[Peterkin]

2 hours ago, nec209 said:

But I hear corporatism is the merger of large businesses and corporations and the government. That basically the businesses and corporations run the government. And the government pass laws to help large businesses and corporations.

Okay. So can you see how this leads inevitably to :

2 hours ago, nec209 said:

an economic, political and judicial system controlled by business corporations and corporate interests.

always assuming this is the case....

[dimreepr]

8 hours ago, LaurieAG said:

You can't really answer your question without first answering what is the difference between a corrupt organisation and an organisation of corrupt individuals?

crony capitalism

an economic system characterized by close, mutually advantageous relationships between business leaders and government officials.

That very much depends on the culture that shapes the system, for instance, 'Bournville' is a model village that was built from chocolate...

If we left it up to, 'business leaders and government officials', those guys, then only those guys would get to eat sweet chocolate; it would leave a bitter taste for the rest of us...😉 

[TheVat]

10 hours ago, nec209 said:

What is the difference of corporatocracy system than corporatism system?

Potayto, potahto.

[swansont]

11 hours ago, nec209 said:

What is the difference of corporatocracy system than corporatism system?

I thought Corporatocracy is

…

But I hear corporatism

How about providing actual definitions, rather than vague guesses, so everybody is discussing the same things.

[iNow]

14 hours ago, nec209 said:

It also does not say how the US became Corporatocracy system.

What exactly “does not say” this?