this post was submitted on 09 Oct 2023
1003 points (98.5% liked)
Technology
59574 readers
3196 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
That's corporatism in a wider sense. Existed since times immemorial. It's a systemic problem, that is, defined by architecture.
Corporatism like this is fairly new. Creating bullshit positions for your followers is an old tradition among kings and other rulers, but putting people from one leadership position where they fucked up into the next is only here since the capitalist class established itself after the industrial revolution.
Actually the former included the latter. So no.
The legal fiction known as incorporation or corporate personhood did not exist until the 1400s, and for the first couple of hundred years was used only for churches to acquire assets and land.
I think what you're thinking of might be conglomeration, where one company buys every business in its supply and distribution chains. Such as when the Tonight Show and The Late Show are owned by the same people that make nuclear reactors.
That's not what I'm talking about, I meant, say, helping those similar to you with the implicit idea that they'd help you too, and that being a common rule in a certain subset of the society, thus working.
Can't remember now why I chose that word, "corporatism". (Not important for the subject, but Knights Templar or any trading family or clan that would exist before 1400s can still be called corporations, same for religious sects.)