Somalia's Corporatocracy or Corporate Oligarchy, (aka Hormuud.)

[vbdvllahj]

We skipped Capitalism, and dived right into

Corporatism!!!!!!!​

-Corporatism is a politico-economic system in which most power is held by large corporations, often mistakenly called capitalism."

Its capitalism on crack

The Goverment serves Hormuud, and is dependent on them. This Mafia gets more poweful every second. They could wipe out Al-kebab if they wanted to, and make Somalia a Utopia, if they wanted.

The specific dynamic between Hormuud and the Somali government is bleak.

 

[Avalanche]

They have a monopoly over all companies

 

[Shimbiris]

They just recently bought out a somewhat large company in Puntland my family had something of a stake in. Pretty insane how far their tendrils reach.

 

[waffl3r]

Seems like their taking advantage of the current system to get control of as much sectors as they can. What industries are they currently in anyways?
Somalia needs antitrust laws as soon as it gets on its feet.

 

[unknowntraveller]

We skipped Capitalism, and dived right into

Corporatism!!!!!!!​

-Corporatism is a politico-economic system in which most power is held by large corporations, often mistakenly called capitalism."

Its capitalism on crack

The Goverment serves Hormuud, and is dependent on them. This Mafia gets more poweful every second. They could wipe out Al-kebab if they wanted to, and make Somalia a Utopia, if they wanted.

The specific dynamic between Hormuud and the Somali government is bleak.

99% chance you dislike them because of qabiil. Stop hating and kickstart a company to compete with them. Create competition against them if your so intent on breaking the monopoly

 

[Bari🐍]

99% chance you dislike them because of qabiil. Stop hating and kickstart a company to compete with them. Create competition against them if your so intent on breaking the monopoly

They literally extort smaller businesses into giving them a cut/selling to them or they'll try to put you out of business by either competing with you or threatening you. This has happened to actual people.

 

[unknowntraveller]

They literally extort smaller businesses into giving them a cut/selling to them or they'll try to put you out of business by either competing with you or threatening you. This has happened to actual people.

Tough go get ur bread up

 

[Sheikh Kulkuli]

Hormud formerly almubarakat is a terrorist enterprise that bankrolled Alitihad cause suffering and destruction in the ogaden,Gedo and PL.
They still persuing same strategy under AS.