> NK is really the odd one there with the hereditary thing and all. Almost all other communist "dictatorships" are really not that different from US style corporations.
Wait, are you saying equity ownership and therefore control, of “US style corporations” isn't inheritable?
I'm saying public companies -as in trading in the stock market- (and to a lesser extent private ones too) and corporate culture is very similar to communist government.
Schumpeter said something in the lines of "it's ironic that in democratic free-market countries most economic activity happens under hierarchical top-down organizations".
> Schumpeter said something in the lines of “it’s ironic that in democratic free-market countries most economic activity happens under hierarchical top-down organizations”.
It’s only even slightly ironic if you ignore that “free-market” is the capitalist euphemism for a society whose structure is top-to-bottom regulated (largely, through the exact shape of the imposed definition of “property rights”) around principals engineered and fought for tooth-and-nail over centuries by the capitalist (née mercantile) class to allow their heirarchical top-down organizations to replace those of the feudal aristocracy as the main driving force in society.
Wait, are you saying equity ownership and therefore control, of “US style corporations” isn't inheritable?