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Good critiques, which also apply to democracies. 1. "The election is not fair/can be bought" Democracy's got that one all right. 2.a. "no clear process to app
by mLuby 5y ago
Good critiques, which also apply to democracies.
1. "The election is not fair/can be bought" Democracy's got that one all right.
2.a. "no clear process to appoint candidates" I'm sure the process is explicit in company bylaws or country laws.
2.b. "In a corporation, candidates for the board are chosen from within the company." Hmm, I thought public company board members were typically chosen from outside the company but I could be wrong.
3. "There are no checks and balances and no constitution." Most companies have "bylaws" which govern their operations.
The biggest difference between company and government is that companies are subordinate to governments while governments (or confederations like the EU) are only ever have peers, there is no higher entity to which they answer. And that in turn allows companies to somewhat outsource enforcement of (by)laws and contracts to governments. The sci-fi trope of trans-national mega-corps answering to no government puts companies at the level of, or even higher than, countries, and then they need private armies of soldiers, not just of lawyers.