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In such a system, corporations are expected to be profitable, but always in a manner not deemed detrimental to the nation. For example, moving the company to a foreign country would be disapproved of if it were to put workers out of their jobs and raise the unemployment level of the nation, even if it were to cut costs for the company. On the other hand, corporations within the nation would be given a free hand to supress labor movements (such as unions) that might harm their profits.

In internal affairs, corporate nationalism assigns some roles traditionally in local government's purlieu to corporate entities, or to neutral not-for-profit corporations supported with corporate funds. Such "public/private" ventures have been successful in some areas, like the renovation and maintenance of Central Park in New York City, and have been controversial in other areas, such as public schoolThe term public school has two contrary meanings: In common British usage, a prestigious historic school open to the public that charges fees and is financed by bodies other than the state, commonly as a private charitable trust; here the word "public" iss. In general, " privatizationPrivatization (sometimes: denationalization privatisation or — especially in India — disinvestment is the economic process of transferring property, from public ownership to private ownership. An opposite process is nationalization. In theory, privatizati" has become the umbrella term for such transfers of responsibility.

Ideas proposed by National CapitalismCapitalism generally refers to a combination of economic practices that became institutionalized in Europe between the 16th and 19th centuries. Exactly which historic and current practices are considered part of "capitalism" varies among users of the term were adopted by many governmentA government is an organization that has the power to make and enforce laws for a certain territory. There are several definitions on what exactly constitutes a government. The government has been defined as the dominant decision-making arm (the policy els since the Industrial RevolutionThe Industrial Revolution is the name given to the massive social, economic, and technological change in 18th century and 19th century Great Britain. It commenced with the introduction of steam power (fuelled primarily by coal) and powered, automated mach, including some early 20th century19th century 20th century 21st century more centuries) Decades: 1900s 1910s 1920s 1930s 1940s 1950s 1960s 1970s 1980s 1990s As a means of recording the passage of time, the 20th century was that century which lasted from 1901- 2000 in the sense of the Gre governments in EuropeFor the band of the same name, see Europe (band . Europe is a continent forming the westermost part of the Eurasian supercontinent. Europe is bounded to the north by the Arctic Ocean, to the west by the Atlantic Ocean, to the south by the Mediterranean Se and the capitalist-oriented governments in Latin AmericaLatin America consists of the countries of South America and North America (including Central America and the islands of the Caribbean) whose inhabitants mostly speak Romance languages, although Native American languages are also spoken there. Most freque and Asia after World War II. More generally, the spirit of national capitalism can be seen in any discussion of suboptimality of corporate decision-making for the cause of the greater national well-being, or simply in the privatization of a local drinking-water plant.