Corporatism: âThe use of STATE power to enhance & protect the economic & political power of a favored few at the expense of the restâ. Blurry is the line where capitalism ends & corporatism begins. Mistaken to be 2 branches of the same tree; they are in fact 2 very different trees. I personally believe the world has been under corporatism for a very long time, perhaps since 1945. The economic-political order under corporatism only brings inequality, wars, fiat currency and huge monopolies. We can not understand the full implications of our times if we fail to recognize that Capitalism died a long time ago.