SPSF === Shouldn't Paint So Fast!

hehe!


More seriously, I too wish our leaders had enough sense to resist merger mania - even back then. There are usually other better-in-the-long-run solutions. But most CEOs seem to always go for the easiest way out - the merger - merely hiding rotten apples in a bigger pie.

But at least one President (Reagan I think) managed to stop one (this one). It was extremely anti-competitive and besides, it would have been like a prince marrying a whore! Unfortunately the govmint stupidly let the Santa Fe Pacific Corp get away with most of SP's land grant land during the divestment - leaving the Railroad company bereft of most of its assets. Financial collapse was then only a matter of time. Stupid Stupid Stupid!


As it is though, merger mania is now pandemic worldwide. The day is coming when all corporations in the whole freakin' world will be merged down to just one; eliminating any chance that even the biggest governments could control them (ie: defend their citizens against their inevitable shenanigans). Already, many international corps are big enough to dictate to and run roughshod over most smaller nations.

When they are merged down to only a few giant corps, they will do just exactly as they absolutely please -

White collar anarchy will be here! And it won't be any nicer than any other kind of anarchy has been.