if the instances stopping some from buying everything up can be bypassed by just having more money then they’re pointless. maybe one guy can’t have so much property, but what about a firm? and then a second firm, so many companies that own so much all owned by one person
It has taken a while, but now regulating bodies are actually looking at who is the ultimate beneficial owner of a company and they will try and stop overtakes. Well, not in corrupt countries, but it is so hard to get anything properly done in a corrupt country that it doesn’t surprise me.
There is a difference between a country being corrupt and a country having corruption or a lot of people in a country paying for corruption (in other countries). You can check the corruption index if you want.
To be fair in the real world we do have instances stopping people from buying everything, it is just that some countries are corrupt af.
if the instances stopping some from buying everything up can be bypassed by just having more money then they’re pointless. maybe one guy can’t have so much property, but what about a firm? and then a second firm, so many companies that own so much all owned by one person
I was about to say. When was that ever used?
It has taken a while, but now regulating bodies are actually looking at who is the ultimate beneficial owner of a company and they will try and stop overtakes. Well, not in corrupt countries, but it is so hard to get anything properly done in a corrupt country that it doesn’t surprise me.
is there a non-corrupt country out there?
There is a difference between a country being corrupt and a country having corruption or a lot of people in a country paying for corruption (in other countries). You can check the corruption index if you want.
fair point, i’m just wondering where the line is
Only countries where the local rich or the government bought up enough that when the real capitol arrived, they said “not for sale”
Oh yeah, and also had a military strong enough to make it too risky to send in the private armies that companies used to have