A fun satire but pretty poor SF. I think the fragmented societies of Ken MacLeod (Star Fraction) and Neal Stephenson (Snow Crash) are more likely than this future ruled by giant corporations. The government is privatised as there are no taxes. The dirty secret is that without taxes, a huge chunk of “private” enterprise will go bust: military, parts agriculture. Big Capitalism is as addicted to the state as “welfare” recipients.
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