- High crime rate which is the basis for the premise of that world is probably a result of high poverty
- State responds to it by profesionalizing "heros" which are just glorified cops
- Extreme glorification of "heros" in the media and propaganda
- "Heros" must form or work at private hero agancies so that means they are privatised
So yeah, japan in the world of my hero academia is a private police state that responds to poverty by being "tough on crime", this show is just pure ideology
It reminds me a bit of One Punch Man's world, but in that setting you get the feeling that the corporate nature of the Hero's Association is a parody because the org is relentlessly self-serving despite its propaganda, while in MHA it's all presented more positively.
OPM also has that strawman anti-capitalist gang. https://onepunchman.fandom.com/wiki/Paradisers
They could have been written by your bog-standard city-reddit reactionary.