A corporation is a government construct, hence it is a socialist construct, not a capitalist one. It is a direct creation of and controlled by the government.

A corporation is a government construct, hence it is a socialist construct, not a capitalist one. It is a direct creation of and controlled by the government. <a href="http://www.fff.org/freedom/fd0411e.asp&#62 http://www.fff.org/freedom/fd0411e.asp> "We should recognize that state corporatism is a form of socialism, and it is nearly inevitable in a mixed economy that the introduction of more socialism will cartelize industry and consolidate wealth in the hands of the few." </a> Therefore, describing it as capitalist is misleading.