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This is historically true, and while it's certainly the case that revolutions are usually bloody (and therefore not worth implementing), I am afraid corporation
by rexpop 8y ago
This is historically true, and while it's certainly the case that revolutions are usually bloody (and therefore not worth implementing), I am afraid corporations will not go out of business. What I mean to say is that, by the end of my lifetime, it will no longer be the case that "corporations go out of business" if, instead, the tenure of the legally defined corporate entity becomes meaningless in a frothy sea of restructures, acquisitions, and spin-outs. What we'll see instead are long-lived monopolies-in-all-but-name. I think we are seeing this now.
An individual factory may go offline, but "big food" will not.
Edit: And this is the case I expect regardless of which post-capitalist scenario we face: either a) neoreactionary feudalism or b) socialist collectivization. In either scenario, the corps don't go out of business.