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by int_19h 1143 days ago
Large banks, and, more broadly, any large company is also concentrated power, though.
1 comments

True. But large companies don't have the power to jail you, or worse, for crossing them. History has shown how hellish living under a powerful malevolent government can be.
The only reason why they don't have that power is because the government jealously guards it. In places where that's not the case, what would stop them?
Nothing. That is why we gave government the power to make and enforce laws and limited power elsewhere.
And how stable did that configuration prove to be?