A political system in which the state actively collaborates with selected major interest to seek a consensus concerning the country's major economic and social policies is known as _____________.

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Neo-corporatism is a political system in which the state actively collaborates with selected major interest groups (usually labor unions and business groups) to seek a consensus concerning the country's major economic and social policies. This differs from traditional corporatism, which involves complete state control over interest groups. The iron law of oligarchy is a theory that states that all organizations eventually become dominated by a small, self-perpetuating elite. Institutional interest groups are interest groups that are part of the formal political structure, such as political parties or legislative committees. Socialism is a political ideology that advocates for collective ownership and management of the means of production and distribution of goods and services.

A Political System in Which the State Actively Collaborates with Selected