You know how China has a strong centralized government and cooperates with their big companies? Government says jump, Huawei says how high?
We have a similar system. A strong centralized government that cooperates with the big companies. The primarily difference is that on the spectrum of
Government power <-----------> corporate power
The US leans more to the right.
Really what's interesting is both the US and China are slowly converging onto a point in the middle. Zizek said something like this some years back.. authoritarian capitalism is unfortunately the most effective form of capitalism.