What economic system, common under fascism, emphasizes cooperation between government and private industry?

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The term "Corporate State" accurately describes the economic system often associated with fascism, where there is a close collaboration between the government and private industry. In this system, the state seeks to organize the economy through a partnership with corporations, which allows for regulation and control while still preserving private property and enterprise. This cooperation is intended to promote national interests and strengthen the state, often at the expense of individual or worker rights.

In contrast, a mixed economy combines elements of both capitalism and socialism, but it doesn't necessarily embody the fascist principle of a strong authoritarian state directing private industry. A socialist state focuses on collective ownership and centralized planning, which diverges significantly from the fascist model that retains private ownership within a controlled framework. A market economy emphasizes minimal government intervention, relying instead on supply and demand to regulate production and pricing, which is contrary to the corporate control characteristic of fascism. Thus, the corporate state is the most fitting description of the economic system within a fascist context.

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