Is it still possible for a private company to conquer an entire country (say in Africa)?
>>2278184
Yes, those are called 'dictatorships'
>>2278191
Most dictators gained power legally or made some kind of coup. What I'm asking is, if a foreign company can barge into some third world country and conquer it.
>>2278184
A group of companies conquered America.
>>2278184
The East India Company =/= Modern private companies.
For one thing it was a group of em.
For another it is a merchantilist entity heavily bankrolled by the state. So not entirely private.
>>2278184
>Must... resist... urge... to mention USA....
Doesn't Samsung own something like 20% of Korea's GDP?That's probably the closest you will get to a company controlling a country nowadays, even though there are companies like Apple whose net profit far outstrips the GDP over a poorest dozen countries.
>>2278191
The definition of dictatorship is a failed democracy.
>>2278544
dic·ta·tor·ship
dikˈtādərˌSHip,ˈdiktādərˌSHip/
noun
government by a dictator.
"forty years of dictatorship"
synonyms: absolute rule, undemocratic rule, despotism, tyranny, autocracy, autarchy, authoritarianism, totalitarianism, fascism; More
a country governed by a dictator.
plural noun: dictatorships
synonyms: absolute rule, undemocratic rule, despotism, tyranny, autocracy, autarchy, authoritarianism, totalitarianism, fascism; More
absolute authority in any sphere.
>>2278184
Maybe, depends on your definition of a 'private company' Something like east India company wasn't something like a modern private company as >>2278220 said.
But something of a milder version of that has happened (and is still to some extent) read: Second Congo war. Where private companies are involved in local skirmishes with funding or even contracting PMCs
>>2278184
>could a private company assemble the military resources required to conquer and keep a small african country
Yes, easily.
>could a private company acquire enough political clout at the international level to overtly take over any country without immediate and destructive condemnation
Top kek, no way.
>>2278559
A quick add: Those private companies were involved in mining rights in the region, blood diamonds come to mind here
>>2278205
Came here to post this
>>2278544
>The natural state of governance is a democracy
KYS
Yes, it's happening now.
See: Wal-Mart and the US
Plenty of corporations have economies the size of small countries with economic planning, so yes.
http://www.j-bradford-delong.net/Econ_Articles/Command_Corporations.html