What corporate America wanted was nothing less than the Third Worlding of the US, a collapse of both present reality and future expectations. The closer the life and wages of our citizens could come to those of less developed nations, the happier the huge stateless multinationals would be. Then, as they said in the boardrooms and at the White House, the global playing field would be leveled.
And so the greatest surrender of sovereignty in US history is chalked up as an inevitable result of a better world. This abandonment was not initially controversial, nor even readily apparent, because Americans simply were not told that it had occurred. They did not know that their country -- which defeated in turn the British, the Mexicans, the Confederacy, the Spanish, the Germans (twice), the Japanese, and outlived the Soviet Union, had surrendered without a whimper to a junta of trade technocrats armed with nothing more menacing than cell phones and Palm Pilots.
Once having capitulated on economic matters, Americans would be taught to accept a similar diminution of social programs, civil liberties, democracy, and even some of the most basic governmental services. Free of being the agent of our collective will, government could then concentrate on the real business of a corporatist state, such as reinforcing the military, subsidizing selected industry, and strengthening police control over what would inevitably be an increasingly alienated and fractured electorate. We would be taught to deny ourselves progress and to blame others for our loss. --Sam Smith
"Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power." --Benito Mussolini (maybe)
The Fascist State lays claim to rule in the economic field no less than in others; it makes its action felt throughout the length and breadth of the country by means of its corporate, social, and educational institutions, and all the political, economic, and spiritual forces of the nation, organised in their respective associations, circulate within the State. --Benito Mussolini, The Doctrine of Fascism, 1935