https://en.wikipedia.org/wiki/State_capitalism
"a state capitalist country is one where the government controls the economy and essentially acts like a single huge corporation"
Sounds familiar?
I think it's an interesting thought. Even if the Iridium may originally have been just a corporation in a free market economy, if they basically own the planet's economy and act like a government, which is what the game's lore implies, then isn't Iridium actually state capitalist rather than a free market economy?