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How do you think this has changed since 2008 proved a relatively small number of corps acting together can crash the global economy in a weekend?

• azernik 8y ago
  Because they were not actually doing anything that directly challenged the authority of governments. If they step out of line to the extent of a direct challenge, governments will just arrest management until they get new managers/owners who behave, as we see constantly in China where the threshold for pissing off the authorities is much lower.
  • tsunamifury 8y ago
    We didn’t arrest any executives in 2009, likely out of fear of the signal it would send the markets — so no I don’t believe the Chinese example applies here.
  • philipov 8y ago
    Early on in the Roman Principate, the Senate was able to remove emperors by declaring them enemies of the state, but this only worked so long, as eventually the power of the Senate was undermined. You will notice that there are factions in the US Government who wish to undermine the authority of our government as well. State govermnents are already nearing bankruptcy, so the check on federal government is dismantled. We are currently seeing the balance of the federal government being undermined by identity-driven politics from multiple factions. Next, we are going to see crises driven by politics and climate that will require loosening of ideology in favor of pragmatic solutions, and this will be the groundwork for further dismantling our civic institutions. Piece by piece, the authority of the government will decline until the military will follow whoever can afford to pay them.