In our current system, which is, without a doubt, a corpocracy, it's easy to forget that before the 1970s, corporations didn't have that much power at all, and they were regularly overruled by other organizations - labor unions, government social welfare programs, religious institutions, grassroots movements, etc. Allowing corporations to maintain access to the US market while outsourcing jobs to countries with slave labor is the exploit/loophole that allowed corporations to amass wealth and MADE corporations as powerful as they are today.