Corporations aren't just as powerful as governments though. That's a persistent myth that many many people believe simply because it is repeated so often.Greta wrote: ↑Tue Jan 22, 2019 1:47 pm How can you run a successful democracy when corporations are just as powerful as the government?
With corporations constantly pushing governments to improve the corporate share of national wealth - and having the power to punish governments that fail to comply - individuals rightly no longer feel represented.
There are many governments out there in the world that are just plain weak and unable to fulfill their duties in general. Examples would be the several states that cannot police large parts of the country, can't prevent politicians stealing directly from the central bank, can't provide trusted courts etc. Those countries are always liable to be pillaged by LOCAL corporations in the same way that they are pillaged by their own people. At the same time they often get a lot of foreign sympathy because they are expected by INTERNATIONAL corporations to fulfill things like their contractual debt obligations. All of those countries would be better off if they had strong governments that can police them, and prevent massive fraud, and deal with their contractual obligations.
Other countries have a much stronger hand, even if they often play it badly*. Corporations depend upon the services that governments provide and value them highly. They spend a lot of otherwise inexplicable money to be on places like New York and London to have access to educated workers, trusted court systems, sensible bankruptcy laws and so on.
More philosophically, I'm concerned about the way I see a lot of people who will chant "corporations aren't people", but who then move seamlessly on to treat corporations as if they are people, who just happen to be bad. I'm seeing a lot of category mistakes being made. Corporations are not people, and they aren't in the category of organisms that can have wants, motives or desires. They can't be the beneficiaries of wealth or prosperity, because they are property of people, their holdings are only ever held on behalf of people.
* This is overwhelmingly a matter of cooperation. The way 20 American cities fell over themselves to entice Amazon to choose them as the site of the second US HQ was a pretty sickening spectacle, but there was no particular need for it, Amazon needed a second US HQ, they weren't competing against China or something (ok, technically one Canadian city was in the running). It wouldn't be that hard to draw up a collective set of rules for the incentives allowed in this sort of competition... but that doesn't work in the EU which has such rules, because the member states break them all the time. This is a failing of the people who should be making and following the rules, not an indicator that Amazon is more powerful than New York and Washington DC.