The corporations took over our government, and individual people be damned. Substandard health care, ubiquitous monitoring and invasion of privacy, lower standard of living for most and only the best for a select few.
This is all the bad parts of Capitalism (yes, there are a few) only on steroids. See, when you go too far down the coporatist path, you end up nearly with communism. Politics and economic systems are not linear, they are circular.
When states lost their rights, the people lost them too.