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The size of some companies can be taken for granted. Living in a western industrialized country with many large companies, it’s easy to lose a sense of scale. T
by fleetwoodsnack 4y ago
The size of some companies can be taken for granted. Living in a western industrialized country with many large companies, it’s easy to lose a sense of scale. The comparison widens the lens and grounds business organizations within the context of other human organizations e.g. the state. The comparison is also a setup for the next paragraph:
> One reason that’s significant: if many multinational companies actually were countries, they would be authoritarian dictatorships more ruthlessly efficient than any in existence. At many such companies, managers wield virtually unchecked power over subordinates and, thanks to modern technology, increasingly practice advanced techniques of monitoring and surveillance as well.
- CrazyStat 4y agoThe missed distinction, of course, being that companies like Amazon don't send workers to penal colonies for forced labor, don't built walls to prevent them from leaving, and don't kill dissenters. So not much like an authoritarian dictatorship at all.
- fleetwoodsnack 4y agoUsing those three characteristics as necessary conditions for authoritarian dictatorship excludes many actual historical authoritarian dictatorships as well.
- jwestbury 4y agoOf course, in the context of layoffs, Amazon does effectively deport workers who are on employment-tied visas. In a sense, Amazon is sentencing them to "transportation if you can't find a job in a bad job market."
- luckylion 4y agoYeah, but it compares companies from a state/economic zone of 300m or 450m people to a state of 4m people. Sure, yeah, but that's like comparing a city of a 1million to one of 10k inhabitants and pointing at the much larger usage of construction material in absolute terms. Technically correct but ultimately useless. If there's a company in the US that has a larger market cap than the US, that would make it more interesting. But even Apple is barely a tenth of it, and that's comparing the expected total future wealth of Apple to a year's worth of output of the US. I'm not sure what comparing a year's amount of oranges to all future apples really tells us.
- fleetwoodsnack 4y agoIt’s useful in the argument that (1) states, as they’ve grown in size have also been reigned-in due to the power that comes with their size, and (2) that companies, as they grow in size, must be reigned-in due to the power that comes with their size (anti-trust, anti-monopoly). Metaphors are useful but they can also just confuse the issue through unnecessary abstraction. The fundamental question is already there at the surface: it’s not about market capitalization or about gdp, but about the power that size in either metric represents. That’s the characteristic binding these two dissimilar ideas together.
- iForgotMyPW 4y agoI was just reading something on Medium about this wrt Apple