And I do see that as a problem as it puts the working class in a position of being at the mercy of the owners. With all the chemicals, toxins, and terrible work conditions, we need to have the state to be able to have the power to amend these issues. What we really need is another Theodore Roosevelt - someone who is actually a true Progressive and not this modern day "progressive" that is just being used interchangeably with Liberal - to go in and bust up corporations and knock them down a few pegs. Revoke their "too big to fail" privileges, and even develop an "economy firewall" that will prevent an economic disaster from spreading and causing a widespread catastrophe.
And we are also in dire need of updating our social models. We still heavy rely on an industrial model for much of our lives, models that were developed along with Industrial Revolution, and though we live in an Age of Technology and Information, we still have the outdated industrial models. Some corporations do improve on this, but they are few and far between, and still not yet fully untethered from the deeply-rooted industrial mode of thinking.