New Book Explores Corporate Power and the Erosion of Democracy Amid Federal Government Closure

Ford, Washington Nov 20, 2025 (Issuewire.com) - As the nation faces yet another federal government shutdown, a timely new book sheds light on the deeper structural forces driving such crises. In Monopoly Capital (ISM): The Corporate Takeover of Government and Its Toll on Democracy, author Rawle Oliver King examines how corporate influence has become embedded within U.S. governanceand what that means for the future of democracy.

Drawing on decades of experience as an economic policy analyst and regulatory economist, including 28 years at the Congressional Research Service, Library of Congress, King presents a detailed analysis of how corporate interests increasingly shape public decision-making, accountability, and the distribution of national resources.

Through historical and contemporary case studiesfrom regulatory reforms to national emergenciesKing illustrates how market-driven priorities have redefined public institutions, often converting essential services such as healthcare, education, environmental protection, and emergency management into profit-centered systems. The recent federal shutdown, he notes, underscores how deeply political and economic power structures intertwine, with public welfare frequently subordinated to private interests.

Periods like this government closure highlight the fragility of our democratic institutions when public governance becomes overly dependent on private capital, King observes.

Combining insights from economic theory, policy analysis, and legislative experience, Monopoly Capital(ISM) offers readers, scholars, and policymakers a nonpartisan framework for understanding how these systemic shifts impact democratic resilience, equity, and human flourishing.

About the Author

Rawle Oliver King is a retired economic policy analyst at the Congressional Research Service, Library of Congress and Senior Policy Advisor with the U.S. Department of Homeland Security. His work has informed congressional responses to major national crises, including the 9/11 attacks, the Gulf of Mexico oil spill, and reforms to the National Flood Insurance Program. His research focuses on economic policy, regulatory systems, and risk management with an emphasis on equity and accountability.

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Monopoly Capital (ISM): The Corporate Takeover of Government and Its Toll on Democracy is now available in print and digital formats.