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Corporations span national boundaries and can arbitrage legal regimes to their advantage. This gives them a competitive advantage over governments. There are tw
by jackcosgrove 11y ago
Corporations span national boundaries and can arbitrage legal regimes to their advantage. This gives them a competitive advantage over governments. There are two ways to solve this problem: ever-larger, approaching world-scale, government or limiting the international rights of corporations. The former is horrifying to me because I believe plurality of power is the best defense of freedom and against corruption. The latter is far more palatable.
- Namrog84 11y agoThat world scale type government I thought those shoes were partially be filled by the un and/or other international committees overseeing their respective areas. Despite limited effect and power I thought they still did some good.
- jackcosgrove 11y agoI would fear a global authority with real teeth. If it becomes corrupt, where would you run to? A plurality of powers allows for escape from a bad regime to another, hopefully better regime.