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
Warren Buffett: How To Make Easy Money From Falling Markets
We always will have $20 billion around Berkshire; we will never be dependent on the kindness of strangers. It didn’t work that well for BL to Bo either, but, but in any event, uh, we don’t, we don’t count on Bank lines—you know, we don’t count on, we don’…
Volume of pyramids intuition | Solid geometry | High school geometry | Khan Academy
In this video, we’re going to talk about the volume of a pyramid. Many of you might already be familiar with the formula for the volume of a pyramid, but the goal of this video is to give us an intuition or to get us some arguments as to why that is the f…
Will Berkshire Hathaway Stock Crash Without Warren Buffett? (w/ @InvestingwithTom)
[Music] Hey guys, welcome back to the channel. Uh, today we are continuing with the new money advent calendar. We’re going strong, and I’ve got another great guest on the channel for today. We have Tom from Investing with Tom. How you doing, buddy? Prett…
Radiation vs Radioactive Atoms
Radiation has been in the news a lot lately, but the term “radiation” has just been thrown around loosely to mean anything potentially damaging coming away from a nuclear power plant. So, what are people worried about? That it’s going to, like, explode an…
BEST of MARGIN CALL #3 - First Meeting
So, Sam, what do you have for us? It’ll be here in a minute. Finding somebody in the copy room at this hour was a little bit of a challenge. Okay, let’s go right into the introductions. This is Sarah Robertson, who you know. Chief Risk Management Office…
A 1-800 Number That Helps Animals and Humans Coexist | National Geographic
[Music] If it’s a herd of elephants that have completely destroyed their crops, the reaction is to hit back at the animal, either injuring it or killing it fatally. One of the biggest things we found was that even though the government has compensation me…