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Corporations are defined by a state's laws. A corporate charter is granted by the government. The reason corporations look like feudal societies is that the fir
by thepurplemonk 12y ago
Corporations are defined by a state's laws. A corporate charter is granted by the government. The reason corporations look like feudal societies is that the first ones were formed by feudal lords to harness the power of the merchant class that operated outside the feudal system, essentially granting monopolies. I recommend the first couple of chapters of Life, Inc by Douglass Rushkoff for a good overview of corporate history