The concept of the Corporate State
developed under the context of Fascism
as a means of regulating industrial relations. The theory divided society into a limited number of corporations
. This collectivism
then functioned as a means of control and a channel for government intervention. Theoretical underpinning came from the medieval
traditions of guilds and craft-based economics.
A similar ideal, but based on bottom-up individual moral renewal, inspired Salazar to work towards a corporate state or corporatism in Portugal.