The corperation is a fiction created by the state and enforced by state laws
%) State laws were written using the same logic as corporate charters, that's why states and corporations have similar structure. Corporation is a typical entity of business activity in any well developed society. Not because of state but because it's a natural order of things. It's not even a sign of capitalism because they exist even under anticapitalist regimes.
AC has no such laws and so there may be no such corperation.
In case if you didn't notice, corporations doesn't care about law too much. Even more, they're writing their own.
A corperation is in no way like a seed of the state.
Please elaborate why do you think so.
A state has a legal monolopy on the iniation of force against people, there is no coperation on earth that has such a monolopy.
State has this monopoly only because it holds on suitable amount of wealth. Wealth is a source of any real power. If you have wealth then you can do virtually anything, otherwise you're nothing because you even won't be able to buy weapons or feed your army.
There has never been a monolopy such as you have decribed occur in a free market and nor could there due to increasing marginal pricing of buisnesses.
There are many different types of monopoly. Some of them are state-created (e.g. radio frequencies regulation), but many others are naturally occurred (e.g. transport infrastructure or water supply).
fascist mercantilistic state sponsored enterprise.
People are greedy and mercantilistic creatures. That's the reason why state is greedy and mercantilistic, because state is formed by people. That's why the communism doesn't work at the current development level of our civilization.
as any sector returning super normal profits will attract compition.
Or cause some assasinations of unwanted competitors. We're not living in the ideal world, remember?
No such centralisation of wealth occurs in free markets, as the only way to acrue wealth is to please customers who volentarly trade with you. No please customers, no trade, no wealth. Free markets create greater wealth distribution, not centralisation.
Tell this to
bitfury or
[email protected], please.
You a communist?
I'm a realist who have analyzed many real-life examples.