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The burgher class rose in power in collusion with the monarchs, eventually making them figureheads. Eventually, they overthrew the kings and invented the modern state to protect their interests from unrest among peasants and industrial workers. They became corporations because they already owned the state and they could do what they wished with its laws--consolidation into corporations became a necessary hardening of state/capitalist power in the face of various economic crises of the late 19th century.
There is only one group of people who can, structurally, overthrow them: by a working-class majority taking control of the means of production, reorganizing society and abolishing the idea of "class" thereafter. There are a number of ways to do it, but the most effective way has been through the establishment of a strike committee/workers council after a mass strike. Only a coordinated strike effort can pose a challenge to corporations and the state that exists to shield them because it is the ONE thing that general people have that the wealthy do not: the ability to do stuff.
Stockbrokers, bankers, and factory owners have no idea how to design and build cars, grow food, teach kids to read, design packages, drive trucks and planes, install communication devices, build houses, run web sites, make robots, etc. They don't know how to do shit. They only know how to extract wealth from the things we make. A mass strike in a few key industries and a few factories around the globe would halt the system: DSL maintenance strike in the US combined with a urban transportation strike and a teachers strike, various factory strikes abroad. History has shown that in the ensuing chaos, a strike committee forms, feeds people, picks up the trash, and takes over the means of production. The only thing that has stopped it thus far is an uneven revolt that is squashed by police. And we don't need to fight the military either. The military are working class people too.
That's about it. Minor tweaks and reforms won't do much. Keynesian economics do nothing but help keep their boat afloat. And even the Bush administration was Keynesian--look up military keynesianism.
We've got a long way to go.
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