The Fascists were perhaps the first to recognize the fact that the state needn't own the means of production to control them.
This could be accomplished just as easily and with less cost through taxation and regulation.
The US has been moving in this direction for some time now.
Another way to think of it is 'Corporatism'. This is when the State and big business become bed mates.
Almost all legislation affecting major corporations, and especially regulations is written by lobbyists working for...