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Mark Holden's avatar

This really defines “to big to fail” and shouldn’t be a surprise. There are any number of dystopian stories about corporations becoming the new world powers. The cheesiest being Power Ball, Blade Runner, Robocop (all popcorn favs I might add). If we can create those worlds in fantasy, there’s little reason to think it couldn’t actually happen.

If we look at in terms of feudal governance, States were/are the kings and emperors. Corporations the vassal lords; the counts, barons and dukes. As in old, they jockeyed for power, favor and influence. Until, they consolidate enough power and wealth to challenge and unseat the “King”. Although in bygone times the king was usually smart enough to behead the upstart baron before it was too late.

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Joy in HK's avatar

"Techno-Feudalism." Yannis Varoufakis nailed it!

Only a short time ago, I could "Share to Notes." Tonight, that option stopped working, here, and on more than one site I subscribe to. I can see the words are still there, but they, and the little box, are grayed out. What's up with that, eh, Substack, Broligarchs?

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