Historically, corporatism or corporativism (Italian corporativismo) is a political system in which legislative representation is given to industries or professional and economic groups. Ostensibly, the entire society is to be run by decisions collectively made by these groups. It is a form of class collaboration put forward as an alternative to class conflict and was first proposed in Pope Leo XIII's 1891 encyclical, Rerum Novarum which influenced Catholic trade unions which were organised in the early twentieth century to counter the influence of trade unions founded on a socialist ideology. The Vatican's ideas were also influential in the development of fascist economic theory.
Under Fascism in Italy, employers were organized into syndicates known as "corporations" according to their industries, and these groups were given representation in a legislative body known as the Camera dei Fasci e delle Corporazioni.
According to various theorists corporatism was an attempt to create a "modern" version of feudalism by merging the "corporate" interests with those of the state. Also see neofeudalism. more ...
http://en.wikipedia.org/wiki/CorporatismI would also recommend looking at their entry on neofeudalism; nothing sums up better what Perle, Feith, et al have been going after in Iraq.
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