This text analyzes the nature of capitalism, arguing that it is not a free market system but is instead characterized by centralized planning by powerful corporations, financial institutions, and states. It explores how these entities cooperate to shape markets and protect their interests, often at the expense of workers and society. The text challenges the notion that state and corporate planning serve fundamentally different interests, asserting that corporations are deeply involved in politics, and states are influenced by powerful corporate actors. Examples like Boeing, Amazon, and the East India Company are used to illustrate the concentration of power and the fusion of state and corporate authority. The author also discusses alternatives, such as democratic planning and worker empowerment, proposing ways to democratize corporations, finance, and the state to build a more equitable society. Overall, the work critiques the existing capitalist system while advocating for a more democratically controlled economy.

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