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
How to Measure to a MILLIONTH of an Inch (The Dawn of Precision) - Smarter Every Day 206
[Destin] Radius gauges. [Darryl] Yes. If anything’s missing it’s because you probably– [Destin] What are you talking about? You probably misplaced it. Hey, it’s me Destin. Welcome back to Smarter Every Day. So this is my dad, and everybody’s gonna t…
How To Get Rich According To Ray Dalio
There are a million ways to make a million dollars, and in this video, we’re looking at one of them. Ray Dalio, the founder of Bridgewater Associates, the largest hedge fund in the world, is a role model for the world of finance. With a net worth of over …
How I learned to make more friends
I’ve been very blessed to have had some absolutely amazing friendships in my life. While many of them have come and gone—some of them got married, some of them moved towns, one of them became a priest, actually—but all the amazing friends in my life have …
Comparative advantage - input approach | Basic economic concepts | Microeconomics | Khan Academy
We just finished demonstrating how to calculate opportunity costs and determine who has the comparative advantage in a goods production using the data provided at an output table or production possibilities curve. In that video, we had a table showing the…
Reading inverse values from a graph
[Instructor] We’re told the following graph shows y is equal to f of x. All right. And then the first question they say is, “What appears to be the value of f inverse of two?” Pause the video and see if you can have a go at that. All right, now let’s wo…
The 5 WORST Investing Mistakes for 2023 (Investing for Beginners)
This video is sponsored by Morning Brew. Sign up to their free daily newsletter using the link in the description. Okay, so 2023 is your year. You’re finally getting serious about your investing, and you’re going to take the time to knuckle down and set …