Quote:
Originally Posted by Agemegos
When there are no governments capable of enforcing corporations law the corporations will develop into something else. The authority of the general meeting, the board, the C suite, and the regional managers all depend on law, and when the law cannot be enforced the authority relationships will change, drastically. Probably the chief of corporate security will liquidate the C suite, abolish the board, and ignore yhe shareholders, but some regional managers might break away.
Corporations are creatures of the law, and cannot exist without government.
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It might work like the late Roman Empire, when local military (or law enforcement) forces, no longer supported by taxes from a central authority, turned to requisitioning supplies from local producers and offering them "protection"—which in some measure turned into real protection, often against other local forces.