Fascism is corporations and politicians scratching each others back, while keeping the masses sufficiently happy so they won’t revolt.
By that definition we live in a fascist state, as are all so called “capitalist” states.
It is the most stable form of government. It is the one most governments end up being - the final destination of governance. China is a perfect example. They morphed from a decrepit communist state (no private property) to a very successful fascist (capitalist) state.
Politicians have the power and can control corporations. But entrepreneurs/corporations are the ones that know how to create wealth if given enough freedom to do so, so smart politicians allow that. And the masses mostly go along with the program as long as they’re kept reasonably content. If not they blow up the whole thing and start over.
You are very confused if you think capitalism = fascism