I have heard of Corporatocracies, or megacorporations, forms of government where a corporation, a group of corporations, or government entities with private components, control the direction and governance of a country. It refers to a corporation that is a massive conglomerate, holding monopolistic or near-monopolistic control over multiple markets (thus exhibiting both a horizontal and a vertical monopoly).
However most megacorporations mostly exist in fiction such as:
RoboCop (Omni Consumer Products),
Terminator (Cyberdyne Systems),
Wall-E (Buy n’ Large),
Resident Evil (Umbrella Corporation)
and others like Metropolis, Citizen of the Galaxy, The Cold Cash War, the Solar Queen novels, etc.
One more thing: While the Walt Disney Company does not have a standing army, it is one of the few multinational corporations to achieve a large degree of self-governmental control, in the Florida region known as the Reedy Creek Improvement District. Within this district, the Disney corporation has the legal authority to establish its own building codes, power plants and utilities, fire departments, and to seize land outside the district under eminent domain. The corporation protects itself from outside interference by permitting only Disney employees to own land within the district, keeping voting power to elect district managers (also Disney employees) within company control, and thereby preventing restriction on company actions and projects within the district. Can Walt Disney Company become a megacorporation?
And are the USA, EU, communist countries and the Church real-life megacorporations? (some people say they are)
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