Feb. 1st, 2012

mbarrick: (Default)
Corporations are not free and private enterprise, they are governments. They are states unto themselves, and collectivist ones at that, beholden to their shareholder citizen-owners, run by plutocratic oligarichical dynasties, constantly at war with each-other. They organized like feudal states, where only those that have part ownership have the right to vote. The shareholders are the House of Lords, the Directors the Royal Family and the CEO is King. Unions are the House of Commons, if there is one. These abtract states transcend the boundries of the old, land-based nations that we imagine ourselves citizens of. They broker power with the old nations at the same level and beyond.
Source: http://www.mbarrick.net/blog/120201/thoughts-multi-national-corporations

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