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What is corporatism?

Updated: 8/16/2019
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Corporatism desribes a system of labour relations in which the state creates multi party consultative or decision making institutions to regulate labour relations, which formally integrate employers and unions into the process of labour market reguation and economic and social policy making. These corporatist systems may operate at the national (macro), the sectoral, (meso) or the company (micro) level. From Caral Lipsig Mumme, in Trade Unions and Labour Relations Systems in Comparitive Perspective, page 478.

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