Re:Why do so many companies incorporate in Delaware?
by moehm on Sunday April 11, 2021 @11:01PM
(#26775716)
Just to enrich your comment, the grand parent should probably read "The Dictator's Handbook"[0] by de Mesquita or watch this adaption:
https://www.youtube.com/watch?v=rStL7niR7gs
[0] https://www.goodreads.com/book/show/11612989-the-dictator-s-...
Or take some African countries with Diamonds.
My point is that because you have a revenue source / competent niche, that does not guarantee a competent government. Usually the only thing you can guarantee is that unplanned riches or resources will lead to waste and corruption. Its not an accident that the norwegian sovereign fund is an rarity, not a rule.
I am curious if there is a genesis to the level of crime and abandonment so pervasive in DE.... from the success DE enjoyed early on, via corp registration riches.