Time - Are Companies More Powerful Than Countries?

[Mosaic]

Comment - It seems some at Davos are imagining a fascist, or China style, model for the world. China's totalitarian capitalism is to blame for this elite view, disrespecting Western democratic tradition. I find this article alarming as to what some in Davos are talking about.

Meanwhile, the top companies seem to exist in a world apart — they are booming, and their executives are prospering. If there is a meta theme to this year’s World Economic Forum in Davos, it is that the world’s largest companies are moving on and moving ahead of governments and countries that they perceive to be inept and anemic. They are flying above them, operating in a space that is increasingly disconnected from local concerns, and the problems of their home markets. And if the conversations here are any indication, they may soon take over much of what government itself does.

snip

On that, at least, politicians would agree. In her keynote opening speech at Davos, Angela Merkel said that unless the eurozone crisis was solved, Europe risked becoming “just a nice place to take a vacation.” The same could be said of all rich countries. One thing that’s becoming clear at Davos is that the core idea of the Enlightenment — that capitalism and democracy go hand in hand to create the best society — is under fire. And the struggle to create a new model may well pit nation against nation, corporations against government, poor against rich. The world, it turns out, isn’t flat – and it’s becoming bumpier all the time.

Read more: http://business.time.com/2012/01/27/are-companies-more-powerful-than-countries/#1_undefined,0_#ixzz1kxLOuGWV

[xchrom]

1. du rec. nt

[City Lights]

2. Excellent read...thanks for posting. eom

[meow2u3]

3. Companies have far too much power--and the morals that would put alley cats to shame

Big companies seem to want sovereign nations to act as their personal bag men, ruling governments from behind the scenes with an iron fist, robbing countries of their autonomy and sovereignty. These global elitists, including banksters, multinational slavedrivers, and other miscreants, are running a global organized crime syndicates which make the Mafia, the Latin American drug cartels, and the Russian mob look like the Little Rascals by comparison.

Every country in those economic talks should tell these banksters to stick their odious debts where the sun don't shine.