this post was submitted on 21 Oct 2025
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[–] Cowbee@lemmy.ml 13 points 1 week ago (1 children)

"Corporate socialism" does not exist. It isn't socialist in any way. What it is is thoroughly capitalist, and is an example of the state under capitalism affirming corporate interests. A closer descriptor would be "state capitalism."

Corporations cannot "trample capitalism itself for more power." The only power corporations hold within capitalism comes from their ability to reproduce on an expanded scale in capital circulation. If corporations trampled on capitalism, they would erase themselves.

What you describe as "anti-liberal," "anti-meritocratic," and "anti-capitalist" is the peak of liberalism and capitalism itself. The late stage capitalism has not transcended capitalism, and is not denoted as "corporate socialism." That's just word salad.