Incorrect. Corporatism has nothing to do with the big corporations of today. Corporatism was a guild system where different branches of industry, farmers, craftsmen and other similar trades formed guilds/corporatives to best organize society. You are correct about capitalism. You are incorrect about socialism. There is no "common property" in Jew Marxism, including a social "democracy." A social "democracy" is incremental Marxism aka reform Marxism. Social "democracy" was concocted by Marxist Jews in 1860s, including Ferdinand Lassalle and Eduard Bernstein. FDR was a social "democrat." The population does not have property rights, which means they own nothing. Clearly, this conclusion is valid all throughout history and in all manifestations of the state up to this date. Today's system is to be firmly placed in the Marxist camp. All corporations, businesses and businessmen are owned by the owners of the Marxist state, which are the lawmakers. The banks in the United States and their accounts are fully owned by the POTUS and the U.S. Congress. There is no power outside of these two entities. For example, Donald Trump, who is a renowned Marxist parasite and a certified Jew-lover, owns Elon Musk, his children and all his bank accounts. King Charles III wields absolute power in the United Kingdom, Canada and Australia. Ursula von der Leyen and the European Commission currently own all the thralls of the European Union. Beneath the autocracies lie the Marxist state apparatus, which is total in scope.