What would happen if a corporation would own all of the world's wealth?

Question

If a corporations started buying out every companies as well as every other corporations, including every banks and credit corporations, and then bought every state owned enterprises (including every schools and public health establishments). That corporation would then buy out every real estate property and continue until it owns every building and every jobs on the planet. That corporation would have an infinite wealth, as every time a dollar is spent anywhere except for a salary, the corporation would get it back, and dollars spent in salaries would go back to them as every product that would be possible to buy would be produced by that corporation, it would have a perfect control on all the information as it would control the books/internet/schools and it would control all the jobs, and as soon as the CEO would spend a $ somewhere the $ would come back in his pocket, therefore he would have an infinite wealth.

What else could happen?

Answer 1

The scenario is unsustainable. The result would be zero growth as an economic profit is not possible due to the bilateral flow of wealth. The company would pay it's workers who would spend all of thier money buying from the company. Without multilateral circulation there could be no increase in wealth.
The company would have no incentive to invest (and as it owns every bank it couldn't) as there is no return on investment. To achieve a return they need to charge more for the goods and services than they outlay. But this is impossible since they can only recieve back what they outlay.

Answer 2

i ask your self whether you're touching on Professor Boyle's prediction for 2014 or 15 - forget approximately the date he reported? you comprehend, the bible says: while the cry "peace and safety" is declared, then our author will intervene and after that, authentic peace and safety will rein of the this earth, not a clean worldwide Order from imperfect human beings! confident, i'm waiting and searching forward to the time our author will make each little thing new.

Answer 3

Logically impossible -- a corporation can't own all the world's wealth, because someone else would own the corporation's stock itself.

Uh, in addition to a lot of other objections...

Answer 4

It could not happen. Everyone is creating wealth all the time; there is no way that an organization could continuously take all of it over.

Answer 5

Two corporations already do. Invasion of privacy and civil liberties.

Answer 6

You must be talking about Wal-mart.
Eventually everything will be owned by Wal-mart and stupid smile face will be the logo seen everywhere.