Yep when Governments and Corporations collude we get Fascism.
The interesting thing is Capitalism itself does not have corporations. Those are additional ideas that get cobbled onto it later.
In fact at one time corporations were only supposed to exist for large but short term projects like building coliseums and such. Things that were too large for a single person to be able to fund.
Citizens United (yes they used words to sucker people back then too) changed that a great deal. It gave corporations more rights than people while simultaneously these artificial constructs do not have the same needs as people.