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Who is wielding more power? The petroleum industry, or the orgs you mention...? Government needs to be at least as big as the corporations it seeks to regulate
by mikelyons 7y ago
Who is wielding more power? The petroleum industry, or the orgs you mention...?
Government needs to be at least as big as the corporations it seeks to regulate, or things get squirrely. This is obviated by problems like campaign finance, Trump, fossil fuel subsidies, etc.
- kbutler 7y ago> Government needs to be at least as big as the corporations it seeks to regulate Why? Does the board need to be as large as the company? Seems like this would eventually lead to (or read as), "The government needs to be at least as big as the sum of the corporations it seeks to regulate".
- AnthonBerg 7y agoThe board wields the size of the company.
- mirimir 7y agoThe petroleum industry, even the largest individual corporations, wields more power than any NGO. I agree that things get squirrelly when corporations (or NGOs, even) wield more power than governments. That's most obviously an issue when large global corporations mess with small countries. Or small states in the US, for that matter. While it's also an issue even in the US overall, one hopes that antitrust enforcement would kick in before total domination.