No different than the Mercantilism of the British Empire, or the Fascism of Musolini's Italy; government-private partnership. A wise economist (Friedman?) stated that monopoly can only exist by government enfranchisement (not always a bad thing). In the modern era, monopoly has been given over to cartel. Money controls government, and government power protects money (not always a bad thing).
From the Silly Article: "...as the stockholder who invests his money in a corporation shares the profit the business makes, so also the worker, who gives his labor and time, must also share that profit." Should they also be prepared to share the loss? Most businesses, after start-up, fail.
You're entitled to your opinion,dear friend.
Problem is that power in the hand of a few will end up corrupt and selfish if not grounded in love of fellow man.