2017 Reports

Dangers in a Repeat of Historic Corporatism

Phelps, Edmund S.

In the view of many commentators, we are seeing in America a political shift from left-leaning “elites” to right-leaning “populists” – from the metropolitan to the rural, the cosmopolitan to the nationalist. A wave of rebellion has swept over much of the West. In America, Economic ideology has shifted from the corporatism of “solidarity” born in the 19th century to the corporatism of central control tried in the 20th.