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Re:Krugman, Stross and Martian hive-mind kleptocracy by iwwr on Sunday December 12, 2010 @08:45PM (#1998863)
If left to their own devices (read: without bailouts, artificially cheap credit or legal favoritism), corporations would function like any other agents of the free market, subjected to profit and loss.

Corporations are not hive minds in the same sense that any other organization is not. A mind is an attribute of the individual; a corporation is nothing but an organizational framework.

Re:Krugman, Stross and Martian hive-mind kleptocracy by j_baker on Sunday December 12, 2010 @09:01PM (#1998904)
What other agents of the free market? Corporations are the free market.

And I think most group psychologists would dispute the idea that groups don't take on hive-mind-like qualities.

Re:Krugman, Stross and Martian hive-mind kleptocracy by Symmetry on Sunday December 12, 2010 @09:38PM (#1999011)
Individual households, small business, and the government are all actors in the free market that are within the same ballpark as corporations. And any of these is quite capable of forming hiveminds too - as do individual government departments, charitable organizations, political parties, labor unions, professional associations, and internet discussion forums.
Re:Krugman, Stross and Martian hive-mind kleptocracy by stretchwithme on Sunday December 12, 2010 @09:43PM (#1999025)
I would say corporations are a creature of the tax system, at least in part. When individuals trade, every transaction is taxed. When people in a corporation trade, its not taxed until the results are traded with some other entity. There is some incentive to get under an organizational umbrella.

There are other agents in the free market other than corporations. Anyone that is working for one is actually agent in the free market. They trade their labor with the corporation and the cash they get with hundreds of other agents.

Re:Krugman, Stross and Martian hive-mind kleptocracy by panarky on Sunday December 12, 2010 @08:54PM (#1998893)
In some alternate universe, maybe. But that's not how it works where I live.