Monday, February 11, 2013

Honduras allows corporations to set up private cities

Inside Story - Al Jazeera English:
"Honduras revives the idea of the charter city - free-market enclaves where corporations can operate virtually under their own rules.

"Honduras is a place that has been devastated for literally centuries by the oligarchs. But now there are some laws that get in their way and they would like to get rid of those laws .... They simply see this as yet another way to increase their wealth at the expense of other folks."

- William Black, a professor of economics and law"

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