227 up, 32 down
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.
40 up, 10 down
An amalgamation of Corporate and Bureaucracy. Meaning that even the most nimble startups eventually end up becoming corporacratic beasts. Where BS jobs are invented. Where there are more middle managers than individual contributors. Where buzzword bingo is the lingua franca.
1. Inventing ways to not pay people is the corporatocracy at work.
2. In a corporatocracy, having meetings for the sake of meetings is seen as 'work'
3. The BS created to get in the way of progress is how the corporatocracy justifies paying middle management.
The perverse obscenity and legal fiction that corporate entities are “persons” under the law with all the rights and privileges of the US Constitution just like human persons. Only unlike us mere mortals, they “live” indefinitely if not forever. And, they can buy and sell each and they can’t be punished corporally or incarcerated as deterrence and punishment like the rest of us living in the incarceration nation, itself another obscenity. Since the Reagan Revolution and the greed fest and leverage bonanzas and stock market with its colossal derivatives and mortgage securities bubble, corporate governance with the tacit cooperation of the courts and the toothless federal enforcement agencies, maximizing profits and upholding the rational self interest of the shareholders has become the norm. Any duty to consider the communities, workers and the environment affected by the corporate has been evicerated or interpreted to benefit the corporate.
1 up, 1 down
A type of government in which huge corporations, through bribes, gifts, and the funding of ad campaigns that oppose candidates they don't like, become the driving force behind the executive, judicial and legislative branches.
126 up, 21 down
1. A social and economic class of rulers, defined by their involvement in the ownership and management of large corporations.
2. The social and economic structures that empower and protect such rulers.
3. The political culture that serves such rulers.
139 up, 51 down
A website, corporatOCRACY.biz, which allows visitors to organize and "crowdsource" information about corrupt corporations and utilize the collective wisdom of an informed citizenry, wielding it as a weapon against crony capitalism. It has the tagline "Corporatism meets Democracy; Wall Street meets Main Street."
20 up, 7 down