5 ms·
I don't think this is true, corporations do bad things, and there are bad corporations, but no corporation has anywhere near the power of a state. Corporations
by vivekd 10y ago
I don't think this is true, corporations do bad things, and there are bad corporations, but no corporation has anywhere near the power of a state. Corporations can't force you to give them an arbitrary amount of your income the way the revenue service can. Corporations can't kill or imprison people. Corporations can't control and set rules on currency. Corporations can't regulate industrial practices or limit others from participating in the market.
In fact, corporations are actually creations of government. Corporations would not exist were it not for laws defining certain times of companies with limited liability for owners.
- realusername 10y agoThis used to be true. Nowadays, some corporations have more power than states and have more money in the bank than the whole GDP of multiple countries. Corporations can steal income and can indeed kill people, they are just not powerful enough to do it in the western world yet. Corporations do regulate industrial practices a lot through massive lobbyism, the examples are countless.
- jospoortvliet 10y agoBanks and investment funds control our currency, governments are at best a serious player. many governments are smaller than and often forced to do the bidding of corporations. Companies like wallmart and macdonalds control more what people eat than the us government or those people themselves. If you think companies don't have a lot of power you are deluding get yourselves - the only way to have choice for consumers is when they (through government) control and check the market. If government doesn't monopolies and other anti competitive behaviour nullify any of the free market benefits very quickly.