Yes, in capitalism theory, where individuals are rational entities that can comprehend, afford, and consider the consequences of their choices without being swayed by advertisement or their economic situation.
In practice, people buy the best value thing for now without giving much thought or as a general rule being able to comprehend the long term impact of it on their own, let alone the society as whole.
This is why we you need and have anti-trust, consumer protection, and various other laws and systems to protect consumers.
You're arguing as if I was suggesting we should abolish the government. I simply said that in case of corporations, you vote with your money, which is absolutely true (basically the first law of economics - supply/demand) - I said and meant nothing about government or its abolishment nor any change of laws (I'm European). I replied to a comment saying that corporations are not voted for, not to a comment saying that antitrust laws are important.
I understood, my argument is against the very premise of said law, the notion that consumers are rationale entitles that make conscious choices, specially concerning society and long term issues.
Now, if you do agree with my idea that as a general rule, consumers are irrational individuals that don't ponder or simply comprehend the consequences of their choices (not least because they're fools but because of the complexity of markets and supply chains) , specially on a social level, or are forced to make choices as a result of their economic standing; then the idea of consumers voting for companies becomes some kind of a caricature mocking the notion of voting and choice.
without being swayed by advertisement or their economic situation
Are you implying that the political world is not advertising and lying all the time, and that our political choices not influenced by our economic situation ?
In practice, people buy the best value thing for now without giving much thought or as a general rule being able to comprehend the long term impact of it on their own, let alone the society as whole
Except governments don't move to tax heavens or other countries when things tank. It is in the interest of governments to maintain a viable economy and society, not so for private sector. That difference alone is enough to not do this silly "if you don't trust corporations then your government is the same" bs rhetoric. We don't even need to talk about due process and duty of care.
If there wasn't a government (other problems of that aside), the corporation wouldn't have to move. Simply put, it's a clash of two worlds - as we all know.
BTW what is the corporation supposed to do? Take the bullet? Why the hell would they do that? Would you personally do that? Economic migration is absolutely normal, especially today. Are you angry that people are moving away because things tank? I suppose not. Guess what? A corporation is made up of people.
> If there wasn't a government (other problems of that aside), the corporation wouldn't have to move. Simply put, it's a clash of two worlds - as we all know.
Absolute nonsense. When a medical or economical crisis comes, do you really think that the same companies that flee from increased taxes (because of said problems) would voluntarily try to solve the problem? of course not.
In practice, people buy the best value thing for now without giving much thought or as a general rule being able to comprehend the long term impact of it on their own, let alone the society as whole.
This is why we you need and have anti-trust, consumer protection, and various other laws and systems to protect consumers.