Corporatocracy is a term used as an economic and political system controlled by corporations and/or corporate interests. It is a generally pejorative term often used by critics of the current economic situation in a particular country, especially the United States. This is different from corporatism, which is the organisation of society into groups with common interests. Corporatocracy as a term is often used by liberal and left-leaning critics, but also some economic libertarian critics and other political observers across the political spectrum.Economist Jeffrey Sachs described the United States as a corporatocracy in his book The Price of Civilization. He suggested that it arose from four trends: weak national parties and strong political representation of individual districts, the large U.S. military establishment after World War II, big corporate money financing election campaigns, and globalization tilting the balance away from workers.
This collective is what author C Wright Mills called the Power Elite, wealthy individuals who hold prominent positions in corporatocracies. They control the process of determining a society's economic and political policies.
Big companies or corporations have more control than you think for example Amazon eBay Walmart are worth more then a few countries which gives them a lot more power which is why big corporations are acting Secret in things such as the trans pacific partnership so they can have much more dominant control over the people and gaine more profit
They control or greatly influence what we eat and drink, where we live, what we wear, how we get most of our essential services like health care and even what we’re taught in schools up to the highest levels. They create and control our sources of information and greatly influence how we think and our view of the world and them. They even now own patents on our genetic code, the most basic elements of human life, and are likely planning to manipulate and control them as just another commodity to exploit for profit in their brave new world that should concern everyone. They also carefully craft their image and use catchy slogans to convince us of their benefit to society and the world, like: “better things for better living through chemistry” (if you don’t mind toxic air, water and soil), “we bring good things to life” (for them, not us), and “all the news that’s fit to print” (only if you love state and corporate friendly disinformation and propaganda). The slogans are clever, but the truth is ugly.
Big companies are not controlling our society. Society has to be functional and for this we need mass consumption which only big companies can provide. It is up to us as to whether we buy their products or not. We are in need of these products to maintain our life style and there is a demand and supply rule here. As an individual we have to educate ourselves to understand our true needs and based our judgment on this.
Even though companies say “buy this product, blah blah blah” doesn't mean we have to listen to them. No one is saying we have to buy it. People without tv are an example, they don't buy those products and the big name companies aren't coming after them, it's all an opinion about what you do and do not buy