Private Economy

From Simcountry

[edit] Advantages

1) CEO owned corporations cannot be directly targetted in war, however they can be destroyed from indirect damage caused by nuclear blasts and earthquakes.
2) CEOs can store weapons without having to maintain a standing army to man the weapons, and without having to use ammunition for training purposes.
3) CEOs can purchase stocks in any public corporation in the world, whereas countries can only purchase stocks in public corporations in their own territory (exception: investment funds of countries can buy stocks anywhere).
4) CEOs can bid on any corporation in the world, whereas countries can only nationalize corporations in their own territory.

[edit] Disadvantages

1) CEO owned corporations must pay 36% of their turnover to the country they reside in as a country resources used fee.
2) CEOs must rely on other presidents to maintain adequate levels of employment.
3) CEOs have no control over the level of taxation that is set by the presidents of the countries their corporations are located in.
4) CEOs have no way to protect their corporations from hostile takeovers.