What meaningful difference is there between a state and a private

Please?

>>2133433
Public perception and perceived legitimacy of actions. Beyond that I don't think there is one.

A private entity only has power because it has money. That money is printed by the State, and it can take away its value whenever it wants.

>>2135326
What's to stop them from creating their own currency?

>>2135326
> because it has money
And power of state somehow based on being poor?

>>2133433
I feel like this happens alot with powerful militarizes that outgrow the government. I don't think it has happened with a pirvate entity ever. Accept for maybe when rich roman dudes started to amass huge private armies but idk nouttin abuot history

File: 1100px-Flag_of_the_British_East_India_Company_(1801).svg.png (9KB, 1100x650px) Image search: [Google]

9KB, 1100x650px

>>2136588
Was East India Company private?

>>2135326
>Only the state can print money

>>2136597
Yes and no. Technically they were private, but they were propped up and heavily supported by the crown.

>>2136602
No, they got a monopolistic charter by the crown. They were largely private, having their own armies and everything.

>>2136615
>No
What exactly do you disagree with? Nothing you said refutes what I said.

>>2136641
I think he means that it was technically private but not genuinely independent from the United Kingdom, regardless of how it affected their ability to operate.

>>2133433
The fact that one exists in the real world. Though Saudi Arabia might be the next best thing.