Ask HN: Can a Corporation have its own army?

2 points by tabulatouch ↗ HN
In the scenario of corps getting huge, owning vast territories, creating their own culture and social facilities, having more budget than some countries. Could they just train their own army? Is this happening?

2 comments

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>owning vast territories, creating their own culture and social facilities, having more budget than some countries

These are already true.

Alas, it's nothing new. Cf. the various East India Companies from the 17th century.