yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Would You Trust This Corporation?


less than 1m read
·Nov 8, 2024

Imagine being told that the key to social justice is to set up a gigantic Corporation, much larger than any other. This Corporation would have trillions of dollars in revenues. It would have a monopoly on some extremely important market and use that to extend its control into other markets. It would hire men with guns to force customers to buy its product at any price it chooses. It would regularly bomb the employees and customers of corporations in other countries.

Would you trust this Corporation more than any other to work in the interest of society as a whole, to not abuse its power over its customers, to protect them from criminals and from all other corporations? You might have some doubts. Then imagine learning that every adult would be given one share of stock in this Corporation, allowing them to vote for members of the board of directors.

Would this put your doubts to rest? Are national governments very different from this gigantic Corporation? Can they be trusted to selflessly serve and protect the rest of society?

More Articles

View All
Ancient Life as Old as the Universe
Life has existed on one planet for about 4 billion years, as far as we know. But it might have started right after the Big Bang, when the universe was much stranger and more fantastic than today. A universe that might have allowed life to develop absolute…
The Adventures of a Doodlebug | A Real Bug's Life | National Geographic
After three years devouring roots in the soil, the doodlebug’s terrible transformation is complete. From greedy grub to beastly beetle. Aw, he’s kinda cute now. But don’t be fooled. He only has one thing on his mind: making more crop-destroying doodlebugs…
Paul Graham: What does it mean to do things that don't scale?
What doing things that don’t scale means specifically is doing things in a sort of handmade, artisanal, painstaking way that you feel like, yeah, it would be great if you could do things that way forever. But you, in the back of your mind, think to yourse…
Why Do Cameras Do This? | Rolling Shutter Explained - Smarter Every Day 172
What’s up? I’m Destin. This is Smarter Every Day. Get your phone out. You see that little camera assembly there? Let’s take it out of the phone. Yep. That’s what it looks like. So here’s what we’re going to do. The first thing we’re going to do is pop th…
Cumulative geometric probability (less than a value) | AP Statistics | Khan Academy
Lilliana runs a cake decorating business for which 10% of her orders come over the telephone. Let’s see ( C ), the number of cake orders Lilliana receives in a month until she first gets an order over the telephone. Assumed a method of placing each cake …
MACAWS in SlowMotion! Rainforest Research! Smarter Every Day 60
Hey, it’s me, Dtin. Welcome back to Smarter Every Day! So let’s pretend for a second that you’re a macaw, and you live in the Amazon rainforest. Life is pretty good; you have all the fruit you want. But there’s one problem: you don’t get all the nutrient…