Sort of how Obama Merged GM with the government and fired their CEO?
No. That's not a merger. That actually is an example of a (temporary) government takeover. Same thing happened in the UK with Northern Rock. If you want an example of "the merger of state and corporate power", I provided one earlier in this thread: the use of the military to break up coal miner strikes in the late 1800s.
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So using the military to support business interests isn't an example of "merg[ing] state and corporate power"?