I was just reading this interesting wiki this morning and wondered if we were already there?
Democracy vs. Corporatocracy
Alex Carey, the late Australian lecturer in industrial relations, sociology and psychology, wrote that “The twentieth century has been characterized by three developments of great political importance: the growth of democracy, the growth of corporate power, and the growth of corporate propaganda as a means of protecting corporate power against democracy.” The Program on Corporations, Law and Democracy states that “Giant corporations govern, even though they are mentioned nowhere in our Constitution or Bill of Rights. So when corporations govern, democracy is nowhere to be found.” Lisa Graves, Executive Director of the Center for Media and Democracy and former Chief Counsel to the Senate Judiciary Committee and Deputy Assistant Attorney General has stated that recent court rulings on increasing corporate power “expand the influence of corporations at the expense of the rights of individuals, and..will not stand the test of time” Addressing the Harvard Divinity School’s Theological Opportunities Program, Mary Zepernick has argued that “There are two historical streams in U.S. history ..one is about the decentralization of power, public decision-making, self-governance — about democracy; the other is about the concentration of power, private decision-making, governance by the few and the corporation as their governing institution.” According to Christine E. Sleeter: 
A challenge for teachers who support teaching for and about democracy is doing so while being pressed into directives rooted in corporatocracy, a political manifestation of neoliberalism. The accountability movement today, particularly No Child Left Behind, is rooted in much more firmly in corporatocracy than democracy. Democratically minded teachers face two tasks: negotiating increasingly undemocratic systems in order to find space for democratic teaching, and critically examining what democracy is, including gaps between its ideals and actual practice.