Exactly...

 

America used to regulate business. Now government subsidises it

"Before the 1980s, the US would have done all this differently. Instead of subsidizing broadband, semiconductors, energy companies, vaccine manufacturers, health care and pharmaceutical businesses, and the financial sector, we would have regulated them – requiring them to act in various ways."

(1980, trickle down economics, 40 years between that and Covid and a brain washed non-critical thinking populace in-between thinking it was all good for them)

"If this regulatory alternative seems far-fetched today, that’s because of how far we’ve come from the regulatory state of the 1930s to the 1970s, to the subsidy state beginning in the 1980s."

(As in a CORPORATE subsidy state)

"Why the big shift? Because of the change in the balance of power between large corporations and the government.'

"In truth, the three decades-long shift in power to big corporations has transformed industrial policy into a system for bribing them to do the sorts of things government once demanded they do as the price for being part of the American system."

At the same time?

Our corporate overlords sold a false theological concept so that there would always be a large ready supply of cheap labor with no rights, while at the same time cutting taxes for themselves and increasing their profits. (Trickle down economics)

Mammon:

"Mammon, biblical term for riches, often used to describe the debasing influence of material wealth."