Rise of Corporate-State Tyranny | Kotkin Joel Kotkin

A convergence between the world's two superpowers is taking place. Today, American business--as well as the media and academic establishments that serve them--increasingly embraces what can best be described as "Chinese capitalism with American characteristics. " In the United States, as property and power further consolidate, the "diffusion of power, " so critical to democracy, erodes and autocracy develops naturally. Only players at the highest level possess the heft and the motivation to influence policy. This powerful front consists of a new alliance between large corporate powers, Wall Street and the progressive clerisy in government and media.