presentationposted on 13.10.2014, 00:00 by Ryan Ragaglia
Multinational corporations have been increasingly important facets of the global economy since they began to be formed in the 16th and 17th centuries. Since that time, the nature of corporations has changed from a strictly national-based existence to a true international focus. However, corporations have been limited from truly embracing the international economy by regulations and restrictions that are placed upon them from nation-state governments. Drawing from the economic theories proposed by Kenichi Ohmae in his work The End of the Nation-State and those of Ayn Rand in her work Atlas Shrugged, this research will explore the possibility of a nationless global economy. An economy without borders will allow corporations to fully engage the capitalist market in which supply and demand work without government intervention of any sort. In fact, governments of any kind will be dissolved, as the main unit of analysis for this society is the corporation. This research will outline the structure by which society could operate, with the proposition of a new form of democracy, marketocracy. This form of 'government' will not be rule by the people, but rule by the people's demands and corporate supplies.