The ultimate goal is for the corporations to retain the means of production but the decision-making rests in the hands of the government. In other words, fusion of corporation and state. This is Fascism.
Unlike communism, fascism was a very successful economic model besides capitalism. It worked successfully under Hitler's Nazi Germany, Mussolini's Fascist Italy, and to this day, under Japan since WWII.
So I figure fascism would work successfully under Obama's America.
Anyway, fascism will be the new world order's political and economic model.
Given the short run that both Fascist Italy and Germany had, I think it’s hard to say fascism was a “successful economic model.”
Spain under Franco had something similar, and while there was a brief period after the Spanish Civil War during which it stabilized Spanish economic life, it was not at all successful after that. Spanish economic life was bogged down by vertical unions, cronyism (an inevitable feature of fascism) and protectionism. It was made worse by the fact that the desire of US leftists (through Democrats in Congress) to punish Spain for not having fallen to the Communists during its Civil War meant that the US was very stingy with its economic aid after WWII. In response, Spain adopted autarchy, which meant that most everything it used had to be produced within its own borders.
Facism undermines the entire rationale of capitalism and its own control systems, so while it may run briefly on the left-overs of the capitalism it has invaded and taken over, I don’t think you could point to a successful long-term fascist country.