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Originally Posted by ASU2003
I'm just thinking, what happens if corporations become more powerful than governments (and anti-trust laws were thrown out). They start making laws and rules and enforcing them. They hire mercenary army's to protect their interests of the company. And there is nothing left to innovate. It would be a world collective, where everyone had pretty much the same laws, and it was futile to rebel against them or not be part of society.
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Large corporations like anti-trust laws. It is usually under the pretense of anti-trust regulations do you have major barriors to potential competing firms entering the market. For example Boeing and Airbus are happy to control the air transportation market. They compete in a gentlemanly manner, but they certainly would not tolerate other major competetors and won't hesitate to use government if needed.
Also, major corporations don't need mercenary armies as long as they have friendly governments (like ours) who will protect their property and property rights.
International law, treaties, European union, NAFTA, etc, etc, already provides a common set of laws under which major corporations can operate across boarders.
We are already living in the world you describe.
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Originally Posted by Rekna
Except the US could instigate taxes against such behavior that would make it very expensive for companies to do this.
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"One should never under-estimate the power of creativity"
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Enron