If were going with a long enough time table, wouldn't we have to assume this inevitably plays out as either a failed state or some form of a fascist state after

If were going with a long enough time table, wouldn't we have to assume this inevitably plays out as either a failed state or some form of a fascist state after industry takes over the government? If the expectation is that legislative bodies will always eventually be bought, and that there isn't a structural change in government structure to avoid this, why have the state at all? Every law executive order, etc passed is effectively removing authority and self determination of the individual and giving it to the state, either for the greater good or because we simply think they will use that power better. If we know they'll eventually be bought, why would we possibly want to centralize that power and authority in the first place?