The movers and shakers, the guys behind the curtain so to speak are the shiny shoe boys in the corporate boardrooms. At this point in economic history trans national corporations ARE the economy. The combined economic power of the top fifty corporations exceeds the economic power of most countries, and there in lies the problem. These corporate giants are divorcing themselves from any national association...they actually are nations unto themselves. Basically when it come to labor laws, workers rights, environmental considerations these entities are at the point of saying..."Yer not the boss of me!" To do this however requires that like a virus they take over the inner workings of 'real governments'. That's what this next election is all about. Should the GOP/Tea/Fox/Jesus party run the table, corporations will BE the government. Everything will change...only the flag and the cheese will be the same!
The Great Depression was more about bad management and a 19th century idea about how an Industrial civilization works. Don't forget....in 1929 there had never been such an industrial civilization in the history of the world. Who knew? Then of course we had a gold standard that didn't allow for much 'government spending' and a raft of other stoppers. Today we're well acquainted with how a 20th century economy works, but who ever expected that national corporations would grow to be trans national corporations of the size and have the economic and political power they currently have....all in the space of less than forty years. The 'conservatives' say we need to 'go back', even as history is going forward toward a new aristocracy of wealth that will pretty much leave the 'working class'...those that work for hourly wages, at the mercy of economic forces that have never existed before.
How to you deal with a multinational corporatocracy?
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How to you deal with a multinational corporatocracy?
From a totally random Yahoo! Answer I found. Everything about these two paragraphs is unknown except their content, but it was interesting enough that I wanted to hear y'all's responses to it:
As a servant of one of these "evil empires", I kinda have to point out the stuff you quoted tends to be overblown and alarmist.
Corporations have been big and major players in the international stage for a long, long time. Ever hear of the East India Companies, which had the power to wage actual wars and conquer territory? Or how about the Fuggers, whose banking empire was keeping the Hapsburgs afloat?
Private enterprise having a major effect on the international stage is nothing new, it's just that historians tend to not track the progress of these big corporations as well as nations. That's why people today barely even know about the Fuggers.
Corporations have been big and major players in the international stage for a long, long time. Ever hear of the East India Companies, which had the power to wage actual wars and conquer territory? Or how about the Fuggers, whose banking empire was keeping the Hapsburgs afloat?
Private enterprise having a major effect on the international stage is nothing new, it's just that historians tend to not track the progress of these big corporations as well as nations. That's why people today barely even know about the Fuggers.