CronoDAS comments on Imperfect Levers - Less Wrong
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Comments (36)
Just because corporations don't have a nuclear arsenal at their disposal doesn't make them all that less dangerous if they get to the hyper-optimizing arena. Just look at the various megacorps in scifi. A sufficiently powerful megacorp can make just as much trouble by conventional means through standard demolition, police (and para-military) action, and through environmental oversights (look at the fiasco in the Gulf of Mexico).
There was once something in the real world that came close to being the equivalent of the sci-fi megacorp: the British East India Company, which ended up directly ruling a large portion of India.