More "that was then, this is now" if I may- from a learned buddy of mine:
"Because democracy and capitalism are inherently op-positional and each runs counter to the other's aims, the rise of corporate power is slowly killing democracy in the United States. American politics have always revolved around the tension between democratic principles and the public good on the one hand, and the lust for plunder, profit and empire on the other. We've morphed over the past 30 years into a corporatist oligarchic kleptocracy run by pointy headed technocrats and lackeys.
Since the mid 1970s when corporate power merged with the state, a new imperial complex was formed at the expense of representative democracy. Not only would corporations exercise public authority, but the state would serve corporate activity. To construct this new order elections needed to be drained of any remaining democratic content. Both Republicans and Democrats are complicit in this endeavor. Neither party wants election or campaign finance reform because fair and free elections would topple the system.
Corporations now have the power to control content and information and aren't shy about managing the First Amendment. The corporate media broadcasts propaganda to sway public opinion. The fact is that both political parties are worthless because they offer only austerity and the worst kind of identity politics. Without government subsidies, tax breaks and political protection, corporations would cease to function and corporate power would cease to pervade government at the highest levels.
The Reagan Administration empowered bankers, revised the tax code in favor of corporations and redistributed wealth. By the early 1990s the corporatization of the American government was a fait accompli. Corporations are a law unto themselves and in direct command of the power of the state. Corporate lobbyists spend billions of dollars each year trying to get Congress to rewrite the law to make it more corporate friendly. They simply want more for themselves and less for everybody else.
There is nothing "free" about the market. It's politically driven every step of the way. Workers worldwide continue to be exploited for profit by corporations who appropriate technologies for their own private use. Most discretionary spending in the US budget goes to the miltary-corporate-industiral complex, the second largest centrally planned economy in the world. The tax codes permit corporations to evade tax liability and hoard cash. Corporation and billionaires as of 2017 shelter $31 trillion, a sum larger than the GDP of the United States and Japan combined.
Corporations plunder the environment and our natural resources whose extraction destroys the natural world. Pollution costs to the tune of $2 trillion per year are "externalized" and taken off corporate books. Risk is also externalized and we end up paying for it. The government bailed out the banks in 2008 to the tune of $16 trillion. The fusion of the corporation and the state is our political economy, not free market capitalism."
Sooo- how do we get back where we belong?