corpocracy


corpocracy
(kor.PAWK.ruh.see)
n.
A society in which corporations have substantial economic and political power.
Example Citation:
Since at least 1775, when Isaiah Thomas published his eye-witness account of the Battle of Lexington, the Worcester area has harbored many important activists for social change. Some of them, as in Thomas' siding with rebels against British rule, challenged the dominant social structures of their time. Others, in conflict with the status quo, had a vision of a society quite different from violent, imperial corpocracy that we know as American culture.
— Michael True, "Abby to Abbie: remembering Worcester's activist tradition," Sunday Telegram, April 1, 2001
Earliest Citation:
The house on Francis Avenue, an elegant Victorian built of dark, thin-set brick, sits in bosky gloom at the edge of the Harvard campus. John Kenneth Galbraith, professor, former U.S. Ambassador to India, belletrist and author of The Affluent Society, The New Industrial State, The Anatomy of Power and a number of other economic polemics that, taken as a whole, constitute the most damningly articulate assault on what has come to be known as the American corpocracy, is at home.
— Augustin Hedberg, "Lights! Camera! Economists!," Money, October, 1987
Notes:
This term combines the word corporate and the suffix -cracy, which means rule; government; power. (A similar, if hideous, term is corporatocracy, which dates to 1995.) Its recent popularity is due at least in part because of its frequent appearance in the influential 1998 book, Corporation Nation, by Charles Derber. However, the term had been around for a few years before that, as shown by the earliest citation.
Note, too, that this term actually began life with a different meaning: It was a blend of the words corporate and bureaucracy, and it was coined by Mark Green and John F. Berry in their 1985 book, The Challenge of Hidden Profits: Reducing Corporate Bureaucracy and Waste. This sense achieved buzzword status in the late 80s and was the favorite corporate put-down of liberals and even some conservatives. This sense has had a desultory career since then, and the latest citation I could find was from 1997, so the end appears nigh for what Michael Kinsley once called a "barbarous neologism."
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New words. 2013.

Look at other dictionaries:

  • corpocracy — cor·poc·ra·cy (kôr pŏkʹrə sē) n. pl. cor·poc·ra·cies 1. Corporate bureaucracy. 2. A company characterized by top heavy, isolated, risk averse management, excess paperwork, low productivity, poor interdepartmental communication, and lack of… …   Universalium

  • corpocracy — noun a) A corporate bureaucracy, characterized by ineffective management. b) A society where the interests of large corporations control economic and political decisions …   Wiktionary

  • corpocracy — government by corporate bureaucrats Forms of Government …   Phrontistery dictionary

  • Robert A. G. Monks — is a shareholder activist and one of the founders of the field of corporate governance. He is the author of Corpocracy and The New Global Investors , and with Nell Minow, Watching the Watchers , Corporate Governance and Power Accountability . He… …   Wikipedia

  • Phyllis Bennis — est une intellectuelle de l Institute for Policy Studies à Washington, auteur, journaliste et diplomate à l ONU[1] ; spécialiste des guerres en Irak et Palestine[2]. Son œuvre traite des guerres, des organisations internationales et des… …   Wikipédia en Français

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  • adhocracy — n. An organization with little or no structure; the opposite of a bureaucracy. Example Citation: One beginning point might be to compel the attorney general actually to manage the Justice Department and its investigative agencies in accordance… …   New words

  • do-ocracy — n. An organization or movement where power and respect go to people who get things done. Also: doocracy. Example Citations: In fact, the success of Anonymous without leaders is pretty easy to understand if you forget everything you think you know …   New words