3 ms·
When the government begins acting on behalf of the corporations, or they give the power of violence to the corporation (such as happens in private prisons), it
by PurpleBoxDragon 8y ago
When the government begins acting on behalf of the corporations, or they give the power of violence to the corporation (such as happens in private prisons), it does become a major problem. In those cases the corporations should be considered an extension of the government and treat as such.
- toss1 8y agoYes, and at this point, it seems that the more useful model is to look at the govt as an extension of the corporations. My generalization is that for a society to function, while some concentrations of power are necessary (at a minimum to allow specialization, e.g., infrastructure, policing, military, legislation, executive functions, etc.), the key is to minimize and actively avoid concentrations of power. The largest and most dangerous concentration of power in modern times is the corporations, as we are seeing with Cicizen's United, decision, regulatory capture (FCC, Copyright law extensions, current dismantling of EPA, other regulatory agencies, etc.).