Corporatocracy

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Corporatocracy
Figure 1. Corporatocracy

Corporate entities have a significant advantage over human independent businesses as although they are considered equal in law[1], they cannot go to jail. This ability has given them a key competitive advantage to become the most dominant form of organisation on the planet.

Today corporations, which lack feeling and human empathy are the main influencers of governments around the world. Due to non-transparency this is hidden from the public eye and has lead us to a new hierarchy, the corporatocracy (Figure 1).

Reference

  1. Santa Clara County v. Southern Pacific, U.S. Supreme Court (1886): 118 U.S. 394. Decided: May 9, 1886. Accessed 6th Jan 2022 via https://supreme.justia.com/cases/federal/us/118/394/

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