Corporatocracy
Not to be confused with
Corporatism.
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Corporatocracy, also called Corpocracy, Crony Capitalism, Monopoly Capitalism,
Lemon Socialism,
Cronyism,
Supercapitalism, and Socialism for the Rich, is an economic system in which the state intervenes within the economy for the benefit of the profit of a select number for corporations, especially in the context of squashing competition.
Market structure
Corporatocracy & Oligopsony
In a corporatocracy, a few large corporations hold a monopoly over the economy and political systems, which can lead to oligopistic practices.
For instance, a few enterprises might dominate the labor market, functioning as the exclusive purchasers of labor (employers). These large-scale firms can depress wages and exploit workers by imposing terms that primarily benefit their interests, akin to the behavior in an oligopsony, where a limited number of buyers control the market. Additionally, such firms can also dictate prices to smaller suppliers or service providers, acting as the dominant buyers in the market. This concentration of power enables them to impose their terms, drive prices down, and extract value from smaller businesses or workers, further entrenching their market control.
Emergence Of Planned Economies
When corparations are deeply entrenched in economies it results in the emergence of what resembles a Centralized Planned economy. Moreover prices are set not by market forces, but by the decisions of a few dominant firms. Just as a centrally planned economy might dictate prices and wages, oligopolistic firms in a corporatocracy can fix prices, limit production, and engage in collusion to prevent competition. As a result, consumers have limited choice, and market dynamics are stifled, creating a rigid and predictable economic environment that mirrors that of planned economies.
History
Corporatocracy-like economic policies could have been said to have started with the process of enclosure in England. The enclosure was a process in England practiced since the 13th century by which the English State took communally owned rural land by force and gave it to private owners. When Mercantilism became popularized, governments began to create monopoly corporations in certain trades and industries. Some of these firms such as the East India Company and Hudson Bay Company became so powerful they effectively ruled over the territory. During the Gilded Age, with the rise of industrial capitalism monopolies and other corporations began to get more influence in the government with corruption being rampant. However, during the Progressive era corruption and the influence of corporations in government declined. Since the presidency of Ronald Reagan in the 1980s, many say the United States has been experiencing a constant shift towards Corporatocracy due to more favorable policies given to corporations, corporate influence in government (Lobbying aka legalized bribery), rising income inequality, and the dominance of the workplace by corporations.
Variants
Lemon Socialism
Lemon Socialism emerged as a pejorative term for an economic system based on: a government that offers subsidies to weak, bad or bankrupt companies so that they don't end up and remain in the market.
Mega Corporatocracy
Mega Corporatocracy is an ideology that wants to one corporation control all aspects of human life, and force everyone to only work and consume. There is only one world government that has a monopoly on everything. An example of Mega Corporatocracy is the BNL from the 2008 Pixar film, Wall-E.
Supercapitalism
Supercapitalism was a concept created by fascist dictator Benito Mussolini. This theoretical variant of corporatocracy would intervene in society so that it was fully standardized so that companies could know what customers want and customers would consume infinitely. This variant is similar to
Fordism, the fictional ideology of "Brave New World".
Shellism
Shellism, or more appropriately, Shell Neo-Imperialism, is based on the Shell PLC (formerly Royal Dutch Shell PLC), a super-major oil giant, and its subjugation of Nigeria. The basis of its beliefs would involve securing hegemony over a country through constant bribery towards its government and national military, controlling and operating the oil via its oil extraction infrastructure and distribution networks, and spreading propaganda to pacify the population and sway public opinion to hide the several atrocities committed there, including the aforementioned corruption and bribery, bribed military operations to suppress anyone there from spreading awareness and fighting for genuine change, and the several thousand oil spills resulting in the poisoning of Nigeria's water supply and environment that were denied responsibility of shell and were instead blamed on terrorists.
Bezosism/Amazonism
Bezosism, Amazonism or Amazonization, is based on the relationship between Jeff Bezos and his company Amazon, with the
American government. It is the driest form of Corporatocracy, preaching that the only state interference in the economy is to give subsidies and forgive some deregulation of private companies, among others.
Sisolakism
Sisolakism believes that local governments should be run by tech companies. He believes that by letting tech companies do local governance, economic development and advances in technology would accelerate.
Personality
Corporatocracy as a character cares a hell of a lot about getting the maximum amount of money possible, and unlike certain other people with this trait, corp is very much willing to use organized violence to achieve this goal. Corp absolutely loves government policies that favor the wealthy to an insane extent, and he is often seen literally worshiping concepts such as Intellectual Property as a deity. Because of his love of these policies, he hates the public domain. Corp is extremely Sociopathic and like on the first paragraph will do quite literally ANYTHING for a quick buck, including: murder, mass environmental destruction, brainwashing, and persuading governments to turn a blind eye on it all. He would quite literally rather let the world burn and cause a mass extinction than lose money, because of this he is pretty sympathetic to anti-environmentalist and psychotic governments that almost any other person would hate. Since he thinks the state must be run by a single powerful business or a group of them, he is one of the few ideologies that openly believes that corporate lobbying is a good thing - an idea that even many other capitalist ideologies see as unjust.
How to Draw
- Draw a ball with eyes
- Fill it with very light cyan
- In the middle draw a white circle
- In the Circle draw a Big "C" in the middle, in the same shade of cyan.
- Vertically through the C, put a line in the same color.
Thou art done!
Color Name | HEX | RGB | |
---|---|---|---|
Light Cyan | #76D7C4 | rgb(118, 215, 196) | |
White | #FFFFFF | rgb(255, 255, 255) |
Relationships
Plutocracy - Thanks for everything dad, I'll make the family company greater than ever.
Authoritarian Capitalism - Love you dad, your conglomerate way more.
Oligarchy - Excellent way of praxis.
Mercantilism - Thank you for creating the stock market, setting high tariffs on competitors, and creating charter companies with private armies! In some aspects, you are better than capitalism, even if some of your beliefs and policies are a bit outdated.
Banana Republicanism - The agrarian version of me. We hang out a lot.
Monarcho-Capitalism - King Leopold II of Belgium was based AF.
Fordism - Love your Soma product!
I’d like 50 of them!Pink Capitalism - You're my best friend every February and every June.
You're on thin ice afterthey started boycotting me.
Dengism - You were way more based in the past but I suppose we can still do business.
Neoconservatism - CRUSH THE ENEMIES OF FIAT! Your wars are making me big money as well.
Kleptocracy - You get me!
There's no corruption in the West, because it's called lobbying.State Liberalism - Your policies are good for PR. The only downside is we can't market to conservatives anymore.
Mediacracy - I give you ad money, and you do some positive PR for me, deal?
Police Statism - I love control!
Private Police is great,
Pinkertons are amazing, and the
Arbiters are pretty based too.
Capitalist Transhumanism - Companies in Cyberpunk stories are the good guys.
Liberal Feminism - Roe v. Wade overturned? Don't worry, I'll pay for you to travel out of state for an abortion.
Idiocracy - Brought to you by Carl's Jr. Also, thanks for that Grubhub ad.
Optimateism and
Senatorialism - Your ancient management tactics are great even now!
Cyberocracy - Eventually, we will completely replace our labor force with robots. Also, we are going to invest and use more AI so we don't have to pay those whiny so-called "underpaid" workers. Building 1 billion robots and using AI is BASED.[9] ...I know I'm paving the way for a technological singularity, and I'm proud of it. I wonder
what'll happen after it though...😉
Also, my opinions on you is written with AI.Neo-Enlightenment - BEST LIBERTARIAN IN THE WORLD!
Timocracy - Great idea, only those who have skin in the game should have power (Now, let us make the poor own nothing.)
Neoliberalism - Thanks for those tax cuts!
Objectivism - "Businessmen are the symbol of a free society-the symbol of America. If and when they perish, civilization will perish. But if you wish to fight for freedom, you must begin by fighting for its unrewarded, unrecognized, unacknowledged, yet best representatives - The American Businessman"
American Model - Citizens United was based
Customers
Neocameralism - A state run like a company is a great idea, but what about a corporation running a state?
State Capitalism - The state should serve the interests of corporations, not the other way around. But
South Korea and
China are really based.
Welfarism - Only good when it's for my business.
Protectionism - Removes foreign competitors but prevents my expansion abroad.
National Capitalism - You are so close to perfection, but when will you understand that racism and homophobia are both bad for business?
Environmentalism - Why do you hate me? I care about the environment so much that I even made eco-friendly green cars! :(
White Nationalism - You were a useful idiot during the colonial era who justified the Congo Free State and company rule in India, but now you're bad for PR so I will pretend to hate you.
Imperialism - Overall profitable, but you later dismantled the Dutch East India Company and the British East India Company.
Bidenism - No, don't increase the corporate tax! Thanks for your subsidies, though.
Anarcho-Capitalism - I am you and you are me. Quit denying it!
Austrian School - No matter how much you claim to despise me, your laissez-faire system is based because it gives me UNLIMITED POWAR.
Please ignore corporate welfare.Libertarianism - You hate regulations, but also hate the idea that corporations should do as they please? You know that's just how the free market works, right?
Nordic Model - Filthy p**r-loving lefto- Oh wait, Denmark is one of the most business-friendly places.
Neoreactionaryism - I like some of your economic ideas but this whole far-right thing is a PR nightmare and "formalising" everything can be bad for me in long-term run. I will be bankrupt!
Illuminatism - What happens in boardrooms, stays in boardrooms. But than again, sometimes corporate power is overt.
Marxism-Leninism - Heh, I broke your camps with Pepsi and Coca-Cola feud... Yet I also have some friendships with all your leaders... Didn't I?
Avaritionism - You always try to attack me or do something against me to steal my money and even my business, but at least you would make a good mercenary, besides the world of
Cruelty Squad is extremely based
even though it is strange even to me.
Competitors
Corporatism - WE. ARE. NOT. THE. SAME!!! You want the boss to work with his workers and the government to achieve set goals, while I want the bosses to have control over both the workers and the government.
Islamic Populism (Western Companies at least) - NOOOO STOP BOYCOTTING ME IN ARAB COUNTRIES!!!
Bull Moose Progressivism - STOP BUSTING MY TRUSTS!
Longism - STOP SHARING THE WEALTH! COMMIE!
Distributism - You are not touching me and my multi-million dollar corporation under any circumstances. Deploy the private militias!
Syndicalism - Worker strikes get dealt with by private militias.
Left-Wing Populism - STOP PROTESTING! PLEB! AND ALSO STOP BOYCOTTING ME!
Social Democracy - STAY AWAY FROM MY PROFITS! COMMIE!
But JB Pritzker is based though. And like you're going to punish me.Civil Libertarianism - I will collect your private information as I please.
Democratic Socialism &
Liberal Socialism - wheeze.mp3.
I do like Luis Inacio Lula da Silva though.Anarcho-Communism - Yeah, pretty much my opposite.
Anarcho-Syndicalism - The above but somehow worse since he is also on strike.
Social Georgism - Shut up and let me monopolize land!
European Federalism - *screeching* Your obsession with regulating everything is the reason you're stagnating!!!!
Eurocommunism - The above but worse since you're a commie.
Agorism - Wants to end copyright. There were no original ideas before 1710.
Piratism - *This polcompball is no longer available due to a copyright claim by Corporatocracy Inc.*
Illegalism - Stop breaking copyright, stealing my money and products and trying to kill bosses! Time to call the Pinkertons!
Soulism - HOW did this person get our products freely without paying anything? Stealing? Not likely - our security guards and video cameras never caught this person.
Christian Socialism - *Hissing after being sprayed with holy water*
Hive-Mind Collectivism - "I fear no man... But that thing... It scares me."
But yourcapitalist brother is perfect.
Reactionary Socialism - Religious, socialist, and the fact that you basically act like a moderate version of the above swarm? Awful stuff.
Post-Leftism - Sorry, but we don't give stuff for free. You know - no pain, no gain.
Gamification of work is kinda effective for attracting unproductive persons like him.- Almost everyone else - Thinks lobbying is bad!
Hoppeanism - I am not a Capitalist?!
Further Information
Literature
- The Captured Economy: How the Powerful Enrich Themselves, Slow Down Growth, and Increase Wealth Inequality (Buy) (Google Preview) by Brink Lindsey and Steven M. Teles
- People's Republic of Walmart: How the World's Biggest Corporations are Laying the Foundation for Socialism (Read Online) (Google Preview) (Buy) by Jacobin Leigh Philips and Michał Rozworski
- Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System---and Themselves by Andrew Ross Sorkin
- War is a Racket by Smedley Butler
Articles
- The salt mines, "hell on earth" for the disabled in South Korea
- The islands of abuse: Inside South Korea's slave farms for the disabled
Wikipedia
Corporatocracy
Megacorporation
Monopoly
Corporate republic
Union busting
- Company town
- Robber baron
- Corporate trust
Crony capitalism
Lemon socialism
- "Socialism for the rich, capitalism for the poor"
- Chartered Company
- Corporate welfare
Supercapitalism
Banana republic
Managerial state
Copyright
- "Too big to fail"
Amazon company
- The VOC
- East India Company
Congo Free State
- Business Plot
- Standard Oil
United Fruit Company
Chaebol
Keiretsu
Zaibatsu
TVTropes
Videos
- The One Political Issue That Unites All of Us by
Mr Beat
- Why Some Capitalists are the Worst Enemies of Capitalism by
John Stossel
- Freeloaders: The Wealthy by
John Stossel
- The Banana Republics by Sam O'Nella Academy
- The Collapse of The American Dream Explained in Animation by Tad Lumpkin and Harold Uhl
- The Age Of Trillion Dollar Mega-Corporations by Economics explained
- When The Dutch Ruled The World: The Rise & Fall of the Dutch East India Company by Business Casual
- Amazon's Union-Busting Training Video
- Amazon's Union-Busting Training Video (LONG VERSION)
- The Moment Twitter Ruined Society by
Moon
- Samsung’s Dangerous Dominance over South Korea by Wendover Productions
- Forms of government used by corporations by
J.J. McCullough
Games
Notes
References
- ↑ A corporatocracy can be viewed as a mix of statist and liberal economics. Private property rights are respected for big business owners, but not for their smaller competitors.
- ↑ http://vote.duma.gov.ru/vote/123408
- ↑ [1], Youtube.com.
- ↑ [2]
- ↑ Khodorkovsky has financed various opposition parties, including the CPRF.
- ↑ My Israel And Palestine, Explained
- ↑ The Most Powerful Village In The World!
- ↑ See "Der Fuhrer's Face" or "Education for Death"
- ↑ Elon Musk expects 1 billion humanoid robots by 2040s
Gallery
Portraits
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Dead portrait
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Old portrait