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this post was submitted on 27 May 2026
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Corporations are fundamentally state created entities. So in theory a state could do that.
But corporations aren't inherently bad. For instance Municipal Housing Corporations are usually the vehicle for producing rent-controlled affordable housing.
Not for profits are also corporations.
If we want to nationalize things like energy and internet away from the private sector we would still use corporations to do that.
Ban private corporations.
Or create new structures.
Its all made up!
We can change to suit our needs.
that’s a lotta power you’re ceding to the state, mate
anarchism 😎
edit: think about it. only the state's cronies get to keep their money when their taxpayer-funded enterprise crashes and burns?
Even in all of those cases, I'm of the view that if it isn't a democratized organization, then it is at least a potential threat to democratized institutions.