Corporatocracy

Corporatocracy (, from corporate and Greek: -κρατία, romanized: -kratía, lit. 'domination by'; short form corpocracy) is a term used to refer to an economic, political and judicial system controlled by corporations or corporate interests.The concept has been used in explanations of bank bailouts, excessive pay for CEOs, as well as complaints such as the exploitation of national treasuries, people, and natural resources. It has been used by critics of globalization, sometimes in conjunction with criticism of the World Bank or unfair lending practices, as well as criticism of free trade agreements. Corporate rule is also a common theme in dystopian science-fiction media.


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