What does the word corporatocracy mean?

New Word Suggestion. noun. a society or system that is governed or controlled by corporations. “in this age of corporatocracies, the money goes not to the inventor, but to the company”

What is the purpose of a corporatocracy?

Corporatocracy or Corpocracy is a form of government where a corporation, group of corporations or entities run by corporations, control the direction and governance of a country.

Is corporatocracy a real word?

Corporatocracy (/ˌkɔːrpərəˈtɒkrəsi/, from corporate and Greek: -κρατία, romanized: -kratía, lit. ‘domination by’; short form corpocracy) is a term used to refer to an economic, political and judicial system controlled by corporations or corporate interests.

Is the US a corporatocracy?

The truth today, however, is that the United States is neither a democracy nor a republic. Americans are ruled by a corporatocracy: a partnership of “too-big-to-fail” corporations, the extremely wealthy elite, and corporate-collaborator government officials.

How do corporations influence the government?

Corporations can influence government through campaign funding, lobbying, and regulatory agencies. Big corporations donate money for political campaigns. First such contribution was made in 1896 for William McKinley. And with the Supreme Court’s United Citizens ruling (2010), corporations can now spend unlimited money for political campaigns.

What is an example of a corporation?

The definition of a corporation is a legal entity with its own rights, privileges and liabilities separate from the members who created it. An example of a corporation is Apple Computer.

What are some examples of government corporations?

Probably the most common example of a government-owned corporation is the United States Postal Service. Other examples include the National Fish and Wildlife Foundation, the National Park Foundation, the Export-Import Bank of the United States, the Peace Corps and Amtrak.

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