That’s not obvious. They don’t have diplomatic immunity, issue passports or visas, have the power to pass laws, do not have the power to detain, arrest, prosecu

That’s not obvious. They don’t have diplomatic immunity, issue passports or visas, have the power to pass laws, do not have the power to detain, arrest, prosecute, convict, imprison or kill, and they have no military power. In what way are they like dictatorships by engaging in commercial activities and being worth a large sum of money based on what their shares are bought and sold at?