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Today corporations are negotiating directly with states. As equals. Not long ago, cities and counties were about the most they could swing. It won't be long unt
by noonespecial 15y ago
Today corporations are negotiating directly with states. As equals. Not long ago, cities and counties were about the most they could swing. It won't be long until it becomes countries.
That used to strike me as extremely dystopian. Now I'm not even sure that would be so bad.
- bdhe 15y agoI think things were far worse not so long ago: http://en.wikipedia.org/wiki/East_India_Company http://en.wikipedia.org/wiki/East_India_Company Although it might be a stretch to compare them to a modern-day corporation, they were a private company and had territories, a (edit: govt. chartered) monopoly and even their own army. edit: In fact, the Tea act of 1773, that lead directly to the Boston Tea Party, was because the EIC was facing financial troubles after a famine in Bengal. Maybe these things come and go in cycles.
- brianbreslin 15y agoSome corporations already negotiate at national levels. GE probably does all the time with the same leverage amazon has at a state level.
- maratd 15y agoSame goes for GM, large banks, etc. and those are only the ones we read about.