Corporate nationalism is a phrase that is used to convey various meanings, including:

• A political culture
  Political culture
  Political culture is the traditional orientation of the citizens of a nation toward politics, affecting their perceptions of political legitimacy.Conceptions...
  
  , in which members believe the basic unit of society and the primary concern of the state is the corporate group
  Corporate group
  A corporate group is a collection of parent and subsidiary corporations that function as a single economic entity through a common source of control. The concept of a group is frequently used in tax law, accounting and company law to attribute the rights and duties of one member of the group to...
  
   rather than the individual, and that the interests of the corporate group are the same as the interest of the nation.
• Corporations should work mainly for the national good, rather than the good of their owners
• Corporations should be protected from foreign ownership
• Corporations should (may) be nationalized
• The state is biased towards corporate interests

State should deal with corporations rather than individuals

"Corporate Nationalism" may be used to describe a political philosophy

Political philosophy

Political philosophy is the study of such topics as liberty, justice, property, rights, law, and the enforcement of a legal code by authority: what they are, why they are needed, what, if anything, makes a government legitimate, what rights and freedoms it should protect and why, what form it...

 and economic theory whose adherents are corporatists

Corporatism

Corporatism, also known as corporativism, is a system of economic, political, or social organization that involves association of the people of society into corporate groups, such as agricultural, business, ethnic, labor, military, patronage, or scientific affiliations, on the basis of common...

 and believe that the basic unit of the society, be it the family or other corporate group

Corporate group

A corporate group is a collection of parent and subsidiary corporations that function as a single economic entity through a common source of control. The concept of a group is frequently used in tax law, accounting and company law to attribute the rights and duties of one member of the group to...

s, has the same interests as the nation

Nation

A nation may refer to a community of people who share a common language, culture, ethnicity, descent, and/or history. In this definition, a nation has no physical borders. However, it can also refer to people who share a common territory and government irrespective of their ethnic make-up...

. Some therefore believe that the state should deal primarily with "corporations", which may include companies, worker's cooperatives, unions and so on, and allow these units to organize themselves to serve their members as they feel fit.

Corporations should work mainly for the national good

A related use of the term "Corporate nationalism" is to describe a philosophy that private enterprise should work mainly for the national good rather than for the good of the investors. In exchange, legislators will favor large corporations and involve them in drafting legislation. The Christian Falangist

Falange

The Spanish Phalanx of the Assemblies of the National Syndicalist Offensive , known simply as the Falange, is the name assigned to several political movements and parties dating from the 1930s, most particularly the original fascist movement in Spain. The word means phalanx formation in Spanish....

 Party of America espouses this view. They do not reject the right of investors to make profit, but believe they do not have the right to take actions such as moving factories to other countries and thus endangering American workers. Also in the USA, the left-wing New Alliance Party

New Alliance Party

The New Alliance Party was an American political party formed in New York City in 1979. Its immediate precursor was an umbrella organization known as the Labor Community Alliance for Change, whose member groups included the coalition of Grass Roots Women and the New York City Unemployed and...

 is said to have described Zionism as "Jewish corporate nationalism", although the exact meaning of this presumed slur is not clear.

National corporations should be protected from foreign ownership

In Britain, the presidents of Rolls-Royce and BAE Systems, the largest aerospace and defence firms, are reserved for British citizens. Norway has a history of successful state campaigns to block foreign companies from taking over major Norwegian firms. In 2005, PepsiCo was rumored to be planning a bid to take over French food group Danone, arousing popular outcry. A former boss of Danone said. "Danone is like Chartres cathedral, and one does not buy the cathedral of Chartres."

Corporations should (may) be nationalized

The phrase may be used to describe national intervention in corporations, including outright nationalization where the state assumes ownership of the corporation. Some see recent US government interventions in the Financial industry, including the effective nationalization of Fannie Mae and Freddie Mac are seen as a form of corporate nationalism.

The state is biased towards corporate interests

Some libertarians in the USA consider that the end of slavery coincided with the start of a regime "tainted" by aggressive corporate nationalism, or government intervention into the economy. In this view, the destruction of chattel slavery preserved and perpetuated "bourgeois" slavery.

See also

• Corporatism
  Corporatism
  Corporatism, also known as corporativism, is a system of economic, political, or social organization that involves association of the people of society into corporate groups, such as agricultural, business, ethnic, labor, military, patronage, or scientific affiliations, on the basis of common...
  
  
• Corporate statism
  Corporate Statism
  Corporate statism or state corporatism is a political culture and a form of corporatism whose adherents hold that the corporate group is the basis of society and the state. The corporate group is typically comprised by political-economic power elites, for example those represented by the U.S....
  
  
• Nationalism
  Nationalism
  Nationalism is a political ideology that involves a strong identification of a group of individuals with a political entity defined in national terms, i.e. a nation. In the 'modernist' image of the nation, it is nationalism that creates national identity. There are various definitions for what...
  
  
• Producerism
  Producerism
  Producerism, sometimes referred to as "producer radicalism," is a right-wing populist ideology which holds that the productive members of society are being exploited by parasitic elements at both the top and bottom of the social and economic structure....
  
  
• Corporatization
  Corporatization
  Corporatization refers to the transformation of state assets or agencies into state-owned corporations in order to introduce corporate management techniques to their administration...
  
  
• Autocracy
  Autocracy
  An autocracy is a form of government in which one person is the supreme power within the state. It is derived from the Greek : and , and may be translated as "one who rules by himself". It is distinct from oligarchy and democracy...
  
  
• Napoleon III
• Benito Mussolini
  Benito Mussolini
  Benito Amilcare Andrea Mussolini was an Italian politician who led the National Fascist Party and is credited with being one of the key figures in the creation of Fascism....
  
  

Further reading

• Silk, Michael L., David L. Andrews, and C. L. Cole. Sport and Corporate Nationalisms (Sport Commerce and Culture)