Re:U.S. Firms Are Helping Build China’s Orwellian State
by ionised on Wednesday March 20, 2019 @01:17PM
(#19444373)
No, I'm with you on this as well.
I trust an elected government far more than any for-profit organisation.
I'm just saying, both are ripe for abuse by tyrants, plutocrats and oligarchs. Corporations moreso though, for sure.
The only difference between them is that a democracy, at least in principle, exists to serve the people. Corporations expressly exist only to serve themselves. Democracies may face corruption, but there's not even a principle to be corrupted in the case of corporations; in a free market they have no accountability to society.
I suppose you could call co-ops "democratic corporations", in which case governments and corporations are exactly the same, but from that perspective today's corporations would be analogous to oligarchies; they exist to serve their small circle of shareholders. So forgive me if I choose to put my faith in a flawed democratic government instead of oligarchical corporations.