4 ms·
No, they're plutocracies, in the most literal sense. The involvement of votes doesn't factor into it. The "public" in "republic" refers to the public at large.
by bccdee 3y ago
No, they're plutocracies, in the most literal sense. The involvement of votes doesn't factor into it. The "public" in "republic" refers to the public at large. A private corporation, being privately held, is necessarily not republican in any sense.