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by pizza234 4499 days ago
There are many arguments supporting the fact that some countries [more than others] are close enough to a corporatocracy.

"Literally" is certainly a stretch, but at least indirectly, corporations spanning many sectors are very heavily influencing the government - for example finance, energy, food, military.

Just to make a very immediate example, bankers who had a central role in the 2000s financial crisis, are now executives or advisors of the government.

Process-wise, the HSBC case showed who's in charge between governments and large banks.