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Part of the Business terms glossary: A holacracy is a governance structure characterized by a distribution of power among self-organizing groups, rather than the top-down authority in the typical hierarchical corporate culture model. A holacracy provides a flat management structure that distributes authority.
Corporatocracy /ËkÉrpÉrÉËtÉkrÉsi/ , is a term used as an economic and political system controlled by corporations and/or corporate interests.It is a generally pejorative term often used by critics of the current economic situation in a particular country, especially the United States.orporatocracy as a term is often used by liberal and left-leaning critics, but also some economic libertarian critics and other political observers across the political spectrum. Economist Jeffrey Sachs described the United States as a corporatocracy in his book The Price of Civilization.