He leaves out Hudson Bay Company, but that's to be expected.
The whole essay is based on a fear of large entities, whether they be governments or private companies. And then he goes out of his way to offer tenuous links between the two. Very simply put, how a large corporation behaves depends on the government. And how the government behaves -- in a democratic society --depends on the people. That is to say, the people get both the government and the corporations of their choosing.
Lobbyists- Most of the folk who lobby Congress are either attys, or those who were in Gum't "service" before going to the private sector. To believe that our Gum't has not been corrupted by the process is extremely naive.
We started with the best form of gum't, but what we have today is only a mirage. There is no control, by the people! The old addage of "follow the money" is the key.
The corporate interests, and the "special" interests they represent, are the most compelling reason to look to making changes in the tax system. Everyone wants to get some advantage for themselves, and their interests. IMO, It won't ever happen until we go to a different tax revenue system, and find better ways to monitor spending.
Isn't it amazing that a Fedrool Dept can overlook billions of dollars, and not be held responsible fo accounting! I guess they would find too many corporate jets and yachts, as "assets" being charged off!
The "tax reform" bill now almost on the desk of the President has been called the "General Electric Welfare Bill" for the number of tax goodies inserted which benefit GE--almost exclusively GE.
Sounds good on the outside, of course--lots of folks here will be just delighted (!!!) to hear that there's a lessening of the tax burden for corporations in the US.
But it ain't necessarily so.