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Corporatism, at least in this current style is more than capitalism. In capitalism we let failed companies fail, in corporatism they are too big to fail so their failure is socialized and they are encouraged to suckle at the teat if the public purse.

Governments could take back control but they are run by weak people who are easily bought for pennies.

Corporatism is basically the same thing except we let private organisations who's only interest in profit be "daddy"