Word of the day

The word for today is…

corpocracy (noun) – 1. An inefficient corporation characterised by excessive layers of management.
2. A society dominated by politically and economically large corporations.

Source : The Free Dictionary

Etymology : Corpocracy is an unlovely compound noun formed from corporate or corporation plus the common combining form -cracy, ultimately from the Greek combining form -krat?a, formed from kr?tos ?strength, power,? and the noun suffix -?a. Corpocracy is not a recent word: it first appears in print in 1935, right smack in the middle of the Great Depression, during FDR?s first term.