Social corporatism, occasionally referred to as social democratic corporatism or liberal corporatism, is a form of economic tripartite corporatism based upon a social partnership between the interests of capital and labour, involving collective bargaining between representatives of employers and of labour mediated by the government at the national level. Social corporatism is present to a lesser degree in the Western European social market economies.
Social corporatism, occasionally referred to as social democratic corporatism or liberal corporatism, is a form of economic tripartite corporatism based upon a social partnership between the interests of capital and labour, involving collective bargaining between representatives of employers and of labour mediated by the government at the national level. Social corporatism is present to a lesser degree in the Western European social market economies.
Source: Wikipedia "Social corporatism" · CC BY-SA 4.0
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