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Totally. I visited East Germany a few times when the wall was still up. The communist planned economies were a lot like corporations: 5 year plans, lots of inte
by rqtwteye 2y ago
Totally. I visited East Germany a few times when the wall was still up. The communist planned economies were a lot like corporations: 5 year plans, lots of internal propaganda, power struggles in leadership, total distortion of reality, sociopaths making their way to the top, no acceptance of dissent, metrics that make no sense.
- gyomu 2y agoThe nice thing about corporations is that they have to be able to make payroll at the end of every month, otherwise they go bankrupt relatively quickly. Things can get much uglier and be much more protracted for governments.
- wesselbindt 2y agoUnless they get bailed out by the government, or get tax breaks, or do mass layoffs. All of which seem to happen a lot.
- akoboldfrying 2y agoWith you on the bailing out and tax breaks. Mass layoffs though? That's an appropriate response to being uncompetitive.
- rangestransform 2y agoI will say that perhaps Lina Khan was on the right track to benefit tech and the US economy overall by breaking up sclerotic corporate behemoths
- rqtwteye 2y agoThat's over for the next years.
- deleted 2y ago[deleted]
- carlosjobim 2y agoIt's 2025: Many corporations are more funded by investors and lenders, rather than by income from servicing customers on the free market. The investor and lender money is conjured up out of thin air by a Central Committee, oops I mean by capitalistic bankers.
- deleted 2y ago[deleted]