Reputation is everything.
A good reputation is to be nurtured and milked when necessary. Avoid being saddled with a bad reputation. Avoid it like one would the plague because a bad reputation is just that.
‘At a point when international competition laws make it impossible for Meganat to operate, the company will ultimately declare itself a sovereign state.’ – CYFERON
‘How would they claim legitimacy?’ – Goonsville
‘They’ll start by lobbying as many nations as they can. Small ones at first, the ones that would benefit from such a deal, get them to recognize them as an autonomous nation.’ – CYFERON
“Who came up with this system?” – Bubblehead43
“Which system? Legal slavery? The Government!” – Diktator_J
“There is no such thing. International law is clear, No one shall be held in slavery or servitude; slavery and the slave trade shall be prohibited in all their forms.” – Shadowbark
“Dude, human trafficking is the largest industry in the world today. Figures vary, but around 620 million people worldwide are officially classed as economic slaves.” Diktator_J
“It is still outlawed by every single government in the international community.” Shadowbark
“In Arctica, debt bondage is legal. A person becomes a slave to work off a debt, in which the length and nature of work is never defined, so it becomes a never-ending cycle with the debt being passed down to the children thereby enslaving offspring. That’s 80% of the world’s population.” – Diktator_J
“That does not define slavery. Free will is at play here.” – Shadowbark
“Contract slavery! A homeless, starving person these days can sell themselves into slavery. You work for some bastard corporation without pay, and in return, you get food and shelter. Where is the choice in that?” – Diktator_J
“Having one human being working for another in order to live is slavery. Shouldn’t basic necessities in life be free?” – Bubblehead43
“We have to work in order to get money in order to buy shelter and food to live. If we don’t work, we don’t get any money to buy food and we die.” Shadowbark
“We have the technology, if we really wanted to.” – Bubblehead43
“Bubblehead, you’re a fucking idiot.” Shadowbark
“The modern trend towards city states during the past fifty years is mostly due to the demand for a simpler and broader trading system. It originated with the formation of an economic model that bypassed the hindrances of a myriad free trade agreements.”Frank Tucker – CEO of MercurEx
“Conventional economics is like rolling a boulder up a hill. Every time you stop to rest, it rolls back onto you. Binary economics is about rolling the damn boulder downhill.”Frank Tucker – CEO of MercurEX
The depression has endured for 22 years; fuelled by ecological wars brought on by extreme climate change, i.e. drought and flooding.
Now, as the nadir of the ninth recession grips the world, the warring parties have finally run out of hard currency.
Officially, all the warring factions are still at war, but technically, their military campaigns have stalled. The arms industry finds it unprofitable to keep supplying weapons to penniless factions as promised resource assets are almost never delivered or hardly secure.
Now, towards the end of the depression, the corporate sector has built up mercenary armies in an effort to secure these resources. This added security has helped ease the depression, by allowing the bankster class to make money again.
“96.3 percent of commercial brands were wiped out during the first ten years of the depression.”Holographon