Corporate republic

A Corporate Republic is a term used to describe a Republican plutocratic State in which most power, usually on a de facto rather than de jure basis, is vested in one or more corporations. Although Corporate Republics do not exist offically in the real world, usually used as a cynical term for the dangers of what some nations might become, they could arise through a single corporation disposing weak government over time. Micronationally, Corporate Republics are a rather new kind of government, as there has been no stable economy to build it upon. However, with the advent of phpBB systems and the potentiality of post-based economies has given the Corporate Republic a new chance.