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If there was no government, there would be no corporations. A corporation's power is dependent on the social framework a government creates. To give an example
by astine 16y ago
If there was no government, there would be no corporations. A corporation's power is dependent on the social framework a government creates. To give an example of what I mean, modern currencies are fiat, that is, they have value because various governments have declared them to have value. With the collapse of government, one of the chief sources of power for corporations, their immense liquid wealth, would become meaningless.
That's not to say that corporate entities wouldn't be able to adapt and fill the power vacuum, but they wouldn't resemble corporations as we know them today, and they likely wouldn't resemble some of the silly concoctions that you sometimes see in SF (_Venus Incorporated_, etc.)
- duncanj 16y agoI agree with you, but only because what you are saying is a tautology. If the government was vaporized, and some powerful corporations took over, there would be a new de facto government. The corporations would then have to be overthrown. If a national government decided to let an independent fiat currency be developed by an independent corporation, and all the other corporations, such as banks, agreed to use that fiat currency, that currency would have the same value: you need it to trade for your needs because you get paid in it. It is not clear why trade could not continue in the absence of the federal government, as all the banks would probably be willing to lend to corporations with good credit, and they would probably continue storing their reserves in those banks. In other words, I think you assume too many magical steps.