The original point was that people should fear corporations more than the government, because the government is the instrument of the people, whereas corporations have other less savory motives.

But its not true - the government is not to be trusted. It has a monopoly on military / police force, which it abuses incessantly. Moreover, it is effectively controlled by a private duopoly (Democrats + Republicans), with the same motives as any corporate coalition. What's more, corporations effectively control the duopoly. Just look at what happened with TTIP (http://www.theguardian.com/commentisfree/2015/feb/04/secrets...).

And it is not doing what most of the populace wants, if that's not clear from the current election, look at the Congress approval ratings (http://www.gallup.com/poll/1600/congress-public.aspx). It's barely gone above 20% in the last 6 years. And has only once briefly gone above 50% in the past 30 years.