Farage is misusing the term 'Corporatism'
Posted: Tue Nov 18, 2025 10:43 am
How Accurate Is Farage’s Use of the Word “Corporatism”?
Farage recently argued that we “no longer live in capitalism” but instead in “global corporatism”. It’s a powerful line — but if we use the actual definitions of corporatism from political theory, the claim doesn’t stand up.
1. What Corporatism Really Means
Political science uses the word “corporatism” in two precise senses:
• Classical Corporatism (associated with Catholic social doctrine, Austria, Portugal, and Italian Fascism)
• Neo-Corporatism (the post-war European “tripartite” model of state–union–employer negotiations)
Both forms of corporatism share a core idea:
Corporatism is not “rule by corporations”.
It is not “big business controlling politics”.
It often involves strong unions, compulsory negotiation, and heavy regulation — the very opposite of Farage’s economic programme.
2. What Farage Is Actually Describing
If you translate Farage’s rhetoric back into proper terminology, he is really describing:
• corporate oligarchy
• regulatory capture
• crony capitalism
• market concentration under neoliberal globalisation
Those are legitimate issues — but they are not corporatism. In fact:
“transnational corporate dominance under weak democratic oversight.”
That’s real — but calling it “corporatism” is inaccurate.
3. Why He Uses the Word Anyway
Farage’s rhetorical goal is to fuse two enemies into one:
• the “global elite” (WEF, EU bureaucracy)
• multinational corporations
By labelling them together as “global corporatism”, he creates a simplified populist antagonist. It produces a narrative where the small business owner becomes the last true capitalist and the state becomes a captured vessel.
4. Conclusion
Using proper political definitions, Farage’s claim is inaccurate. Corporatism is a system of state-mediated social organisation, not a condition in which multinational firms dominate politics.
What Farage calls “global corporatism” is much closer to:
• corporate oligarchy
• regulatory capture
• neoliberal market concentration
Important problems — but not corporatism.
Farage recently argued that we “no longer live in capitalism” but instead in “global corporatism”. It’s a powerful line — but if we use the actual definitions of corporatism from political theory, the claim doesn’t stand up.
The issue is simple: that is not what “corporatism” means.“We’re living in an age of global corporatism. We’re living in an age where the big businesses virtually control and own the political arena.” – Nigel Farage
1. What Corporatism Really Means
Political science uses the word “corporatism” in two precise senses:
• Classical Corporatism (associated with Catholic social doctrine, Austria, Portugal, and Italian Fascism)
• Neo-Corporatism (the post-war European “tripartite” model of state–union–employer negotiations)
Both forms of corporatism share a core idea:
It was anti-liberal, anti-laissez-faire, and interventionist. Crucially:Corporatism is the organisation of society into structured, state-recognised groups (unions, employer associations, professions) which negotiate under state oversight to maintain social order.
Corporatism is not “rule by corporations”.
It is not “big business controlling politics”.
It often involves strong unions, compulsory negotiation, and heavy regulation — the very opposite of Farage’s economic programme.
2. What Farage Is Actually Describing
If you translate Farage’s rhetoric back into proper terminology, he is really describing:
• corporate oligarchy
• regulatory capture
• crony capitalism
• market concentration under neoliberal globalisation
Those are legitimate issues — but they are not corporatism. In fact:
So when he says “corporatism”, he’s actually pointing to something closer to:In corporatist systems, business is subordinated to state-managed bodies and loses autonomy. Farage is describing a system where large multinationals gain autonomy and capture regulators — which is the reverse.
“transnational corporate dominance under weak democratic oversight.”
That’s real — but calling it “corporatism” is inaccurate.
3. Why He Uses the Word Anyway
Farage’s rhetorical goal is to fuse two enemies into one:
• the “global elite” (WEF, EU bureaucracy)
• multinational corporations
By labelling them together as “global corporatism”, he creates a simplified populist antagonist. It produces a narrative where the small business owner becomes the last true capitalist and the state becomes a captured vessel.
The phrase works politically, but it does not work conceptually.“The government only listens to big business.” – Farage
4. Conclusion
Using proper political definitions, Farage’s claim is inaccurate. Corporatism is a system of state-mediated social organisation, not a condition in which multinational firms dominate politics.
What Farage calls “global corporatism” is much closer to:
• corporate oligarchy
• regulatory capture
• neoliberal market concentration
Important problems — but not corporatism.