Austro-corporatism

Corporatism was unpopular in the Europe of the past decade. During a time of neo-conservative resurgence in both the United States and the United Kingdom, macroeconomic steering and statist centralism and regulation were in disfavor. However, Austria''s unique Sozialpartnerschaft, its famed system of tripartite informal and formal labor, business, and state cooperation, continued to prosper In spi...