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@teawrecks@sopuli.xyz

2026-04-20 01:13 UTC

> There's no formal structure, shares or board meetings This is an arbitrary list of things and I don't agree that all corporations have all of these, but I guarantee most cartels have a formal structure, a clear description of ownership, and what qualifies as board of leaders. Most wouldn't be able to function without it. > sometimes they do just descend into civil war They compete with rival cartels in all the same ways corporations would if they could (or already do when they can get away with it). > They're *businesses* I'm curious why you're willing to call them businesses but not corporations.

Replies (1)

  • @CanadaPlus@futurology.today 2026-04-20 16:13

    > This is an arbitrary list of things and I don’t agree that all corporations have all of these > I’m curious why you’re willing to call them businesses but not corporations. [It's definitional](https://en.wikipedia.org/wiki/Corporation), a corporation is a specific legal structure. A single trader is not a corporation, but is a business. Ditto for Rome, which I've never heard called a corporation even though it was all about money. > They compete with rival cartels in all the same ways corporations would if they could (or already do when they can get away with it). *Civil* war. In case you aren't following the relevant news, the Sinaloa cartel is fighting with *itself*. A corporation can never do that - government laws set out very clearly who controls what. And, that makes a huge impact on what kind of people run a corporation, and how they go about managing their business. Managing the loyalty of underlings is of little concern, while it's about the only concern for a warlord. If a VP tried to run their own business with company assets, they'd just be jailed for breach of trust.

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