Mr. Mysteries' So-True Histories Episode 20 - Rise and Domination of Megacorporations
Hello Eager Learners! I am Mr. Mysteries, formerly of the Learned League, and this is my KARENcast series on the history of our Reality, Reality 69. Our last episode discussed the rising technological curve. Hand-in-hand, and often the direct driver of much of this innovation, is the commercial entities that profit from them - the Megacorporations.
Despite the depictions of Megacorporations in popular media, most of these corporate entities are not a single massive company but rather a complex web of conglomerates and subsidiaries, nested shell companies and holding boards. The most prominent example of this is Kayson Amalgamated Resource Enhancement Network. A notable exception to this configuration is Yatsuda-Mitsu as it operates as the traditional monolithic corporation.
Because of their multinational reach, few of the Megacorporations maintain a worldwide monopoly, but rather all of them have various monopolies or near-monopolies that shift within national or Geographical Assistive Support Pact borders. This is even harder to fully understand due to the fragmented structures of most of the Megacorporations. It is generally understood that between 85-95% of all businesses are owned or controlled by one of these entities.
The usage of this multinode networked corporate model allows for frequent hostile or strategic changes of ownerships of entire multi-tiered trees of subsidiaries between the Megacorporations. This also allows the Megacorporations to maintain a rough strategic parity in the militaries of the various nation-states as ultimately the maintenance and development of military hardware is farmed out to subsidiary companies. Many believe this is a subtle expression of Reciprocal Rule Two.
There are five recognized Megacorporations. The largest is Kayson Amalgamated Resource Enhancement Network, normally referred to as KAREN. The second largest and most frequent direct competitor to KAREN is Paragon Acquisitions and Parity Affiliations, or PAPA. There is also Heirophant Holdings, known as HH, Cheshire Holdings, Acquisitions, and Development, or CHAD, and of course, Yasuda-Mitsu, known as YAMI.
Each of the Megacorporations has their own unique development, of course, but most of them can trace their roots to relatively small companies founded in the late 1980s or early 1990s. Through rampant and unregulated mergers and stock aquisition take overs, the corporate landscape quickly grew into the complex spiderweb of corporate relationships that we see today. Due to the complexity of these arrangements, contractual relationships, and acquistions it is often difficult for mere humans to track where directives or commands from higher up the corporate heirarchy are truly coming from and it is very difficult to tell how much direct control the top of the corporate ladder exerts down the line.
Business interests have generally provided the primary impetus for the distribution of ongoing technological innovations, and the relatively recent development of extra planetary and extra dimensional exploration and development. Corporate entities are responsible for almost 80% of police and emergency response services, especially in larger cities like New York, Chicago, London, Rio de Janeiro, and Kyiv. These services include providing power suited security forces and even costume hero response teams for significant Neohuman, Exo and other threats.
Some of the most notable of those threats will be the focus of our next episode.
Despite the depictions of Megacorporations in popular media, most of these corporate entities are not a single massive company but rather a complex web of conglomerates and subsidiaries, nested shell companies and holding boards. The most prominent example of this is Kayson Amalgamated Resource Enhancement Network. A notable exception to this configuration is Yatsuda-Mitsu as it operates as the traditional monolithic corporation.
Because of their multinational reach, few of the Megacorporations maintain a worldwide monopoly, but rather all of them have various monopolies or near-monopolies that shift within national or Geographical Assistive Support Pact borders. This is even harder to fully understand due to the fragmented structures of most of the Megacorporations. It is generally understood that between 85-95% of all businesses are owned or controlled by one of these entities.
The usage of this multinode networked corporate model allows for frequent hostile or strategic changes of ownerships of entire multi-tiered trees of subsidiaries between the Megacorporations. This also allows the Megacorporations to maintain a rough strategic parity in the militaries of the various nation-states as ultimately the maintenance and development of military hardware is farmed out to subsidiary companies. Many believe this is a subtle expression of Reciprocal Rule Two.
There are five recognized Megacorporations. The largest is Kayson Amalgamated Resource Enhancement Network, normally referred to as KAREN. The second largest and most frequent direct competitor to KAREN is Paragon Acquisitions and Parity Affiliations, or PAPA. There is also Heirophant Holdings, known as HH, Cheshire Holdings, Acquisitions, and Development, or CHAD, and of course, Yasuda-Mitsu, known as YAMI.
Each of the Megacorporations has their own unique development, of course, but most of them can trace their roots to relatively small companies founded in the late 1980s or early 1990s. Through rampant and unregulated mergers and stock aquisition take overs, the corporate landscape quickly grew into the complex spiderweb of corporate relationships that we see today. Due to the complexity of these arrangements, contractual relationships, and acquistions it is often difficult for mere humans to track where directives or commands from higher up the corporate heirarchy are truly coming from and it is very difficult to tell how much direct control the top of the corporate ladder exerts down the line.
Business interests have generally provided the primary impetus for the distribution of ongoing technological innovations, and the relatively recent development of extra planetary and extra dimensional exploration and development. Corporate entities are responsible for almost 80% of police and emergency response services, especially in larger cities like New York, Chicago, London, Rio de Janeiro, and Kyiv. These services include providing power suited security forces and even costume hero response teams for significant Neohuman, Exo and other threats.
Some of the most notable of those threats will be the focus of our next episode.
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