Corporatocracy

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Corporatocracy (/ˌkɔːrpərəˈtɒkrəsi/, from corporate and Greek: -κρατία, romanized: -kratía, lit. 'domination by'; short form corpocracy^[1]) is an economic, political and judicial system controlled by business corporations or corporate interests.^[2]

The concept has been used in explanations of bank bailouts, excessive pay for CEOs, and the exploitation of national treasuries, people, and natural resources.^[3] It has been used by critics of globalization,^[4] sometimes in conjunction with criticism of the World Bank^[5] or unfair lending practices,^[3] as well as criticism of free trade agreements.^[4] Corporate rule is also a common theme in dystopian science-fiction media.