To what degree do corporations exceed the power of many states today?
The corporation has become more powerful than the state because the state has allowed it to happen. Over decades, by both Democrats and Republicans, unaccountability has become normalised, barely opposed by politicians or the media class. In Disaster Capitalism, I investigate the role of Western and indigenous private contractors in Afghanistan since 2001. They have left a trail of destruction and killed countless civilians. Barely anybody has been held to account, fuelling the insurgency still engulfing the country. President Trump may widen the war there but his chances of success are negligible.
Successive Afghan administrations have done little to prosecute contractor crimes and Washington has pressured Kabul to protect US contractors from legal trouble. Meanwhile, Afghan civilians are killed and maimed and anger grows.
Perhaps the most obvious, contemporary example of unhealthily powerful corporations, allowed and encouraged by Western governments, are tech firms, such as Apple, Microsoft and Google, often paying little or no tax in various jurisdictions. This is justified as allowing enterprise to thrive and employment to be created but these multinational corporations get away with murder because there’s little domestic political pressure or global accountability architecture to change it.