What makes a nation state?\u00a0 It becomes more difficult to define as sovereignty is shared in management of public global assets and for economic and social pragmatism.<\/p>\n
Think about money for a moment.\u00a0 A nation’s currency might be considered sacrosanct, but the reality of economics is that nations have given up their currencies to save time and money (such as the Euro in Europe) and national currencies will become ever more closely tied to the price of energy.\u00a0 And the printing of money is not the exclusive priviledge of the state – banks make loans many times the value of their cash reserves, towns have issued community currencies, retail giants issue credit cards.\u00a0 So how far from being a nation are these big companies?\u00a0 They have economic weight that matches that of nations – people dependent on the company, political influence, credit\u00a0 creation ability.\u00a0 They don’t have military intentions, though they can cause death by abuse of consumer gullibility, negligence or plain malevolent acts like dumping toxins in to ground or water.\u00a0 Perhaps the only hurdle ow is issuing a passport.\u00a0 And that may not be so far away – couldn’t there be a virtual nation?\u00a0 Under the auspices of the UN?\u00a0 Provided it fulfils certain requirements?\u00a0 The rise of the corporate nation state poses some serious issues for all of us.<\/p>\n","protected":false},"excerpt":{"rendered":"
What makes a nation state?\u00a0 It becomes more difficult to define as sovereignty is shared in management of public global assets and for economic and social pragmatism. Think about money for a moment.\u00a0 A nation’s currency might be considered sacrosanct, but the reality of economics is that nations have given up their currencies to save …
Continue reading Corporate nation states.<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[36,12],"tags":[],"class_list":["post-1469","post","type-post","status-publish","format-standard","hentry","category-perspective","category-geopolitics"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4hwcd-nH","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/posts\/1469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/comments?post=1469"}],"version-history":[{"count":3,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/posts\/1469\/revisions"}],"predecessor-version":[{"id":1472,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/posts\/1469\/revisions\/1472"}],"wp:attachment":[{"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/media?parent=1469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/categories?post=1469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.astraea.net\/blog\/wp-json\/wp\/v2\/tags?post=1469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}