Government requires corporations to do a lot of dumb economic things (massive regulations, minimum wage laws, requiring hefty amounts of money be lent to those who can never pay it back, etc.).
Shit hits the fan due to bad policies. Government then bails out corporations to stem the disaster.
Progressives use the disaster to "prove" that corporations (not the government) are responsible. More power is forked to the government for things like "economic justice" rather than anything fitting economic reality.
Shit continues to get worse. Again, blame corporations, give government more power. Repeat.
The biggest problem with Atlas Shrugged (though I love it, there are a few) is that Rand ended it on a happy note. In reality, when this vicious circle begins, it ends in bloodshed and starvation. See Revolutions in France, Russia, China, Cambodia, Zimbabwe, etc. The scariest and most frustrating part is that the people have their scapegoat and so little understanding of economics or morality that rational discussion is almost impossible with them. That very lack of understanding causes them to be supremely confident in their gut feelings about what is "right and wrong" in economics and that surely their ideas of economic justice would be feasible. Nevermind that time and again, reality has proven this wrong. These are the same idiots who bought into "Hope and Change" in 2008; they have had power for three years and things have become even worse. Rather than talk about actual policy changes, in particular their own policy failures, they want to talk about wishy washy terms and blame corporations.
If there is any consolation in any of this, it is that the many people in this country who do not deserve liberty may not have it for long.