Meaning of CORPORATISM:
When confronted with the increasing democratisation of politics at the end of the 19th century, the Catholic Church promoted an alternative to mass politics, which it saw as encouraging class conflict. Its preferred model was the world of the medieval guilds: groups with a common interest (businessmen, tradesmen, workers, farmers and the like) would each form each body would negotiate a division of political power. Corporation was popular with some right-wing European politicians in the first half of the 20th century and informed some of the more benign authoritarian regimes established in such states as Lithuania and Latvia in the 1930s.