The concept of "Corporatocracy" is that corporations - to a significant extent - have massive power over governments, including those governments nominally elected by the people, and that they exercise such power via corporate monopolies and mergers and by their enormous, concentrated economic power which, by recent economic crises, allows them the luxury of saying "we are too big to fail" and by legal in-the-open mechanisms (lobbyists, campaign contributions to office holders and candidates, threats to leave the state or country for another with less oversight and more subsidies, etc.).
(IF so moved, take a look at my 'SOCIAL COMMENTARY" FOLDER .... THE ROAD NOT TAKEN .... THE TIMES THEY ARE A' CHANGIN' .... BANK ROBBERS .... ETC ....). LilRedWagon
Yeah. I don’t want corporations to have power over the government, and I don’t think the government should be tilting the playing field in their favor or bailing them out if they’re deemed “too big to fail.” I oppose corporate loopholes and federal subsidies to oil companies and large farms. So, yeah, I’m against a “corporatocracy.”
Then again, the problem isn’t with the corporations (they just want to make money) but with the state. I don’t want the market intervening with the state anymore than I want the state intervening in the market. If I had my way, I would pass a “separation of market and state.” Only then could we truly have a “free market” without any government or corporate control!
It's try, the solution lies with the state - most notably in passing effective campaign finance reform and better limitations on lobbying. But corporations enjoy and value the control they now have and they pull all the strings they could to make sure decent campaign finance reform doesn't happen. Basically, "the fix is in".
(IF so moved, take a look at my 'SOCIAL COMMENTARY" FOLDER .... THE ROAD NOT TAKEN .... THE TIMES THEY ARE A' CHANGIN' .... BANK ROBBERS .... ETC ....). LilRedWagon
Then again, the problem isn’t with the corporations (they just want to make money) but with the state. I don’t want the market intervening with the state anymore than I want the state intervening in the market. If I had my way, I would pass a “separation of market and state.” Only then could we truly have a “free market” without any government or corporate control!