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This presumes that the government isn't scaling with the corporations. If space!Apple has 1 trillion times more power than Apple on earth today, yes that corporation would casually topple the US government. but if the space!US government is also 1 trillion times more powerful than the real!US...

This one I'm gonna disagree with. Star Wars hyperdrive is actually absurdly limited, very fast but you have to travel across very specific paths with it, or you probably die (this tends to get quietly ignored in vs. debates where Star Wars' extremely fast travel speed is discussed). That's why...

Yeah, a corporation owning an entire system isn't really a problem on the scale of the whole galaxy. To use the Disney comparison, Disney's got an effective nation worth of owned real estate and I'll eat my hat if they don't have a private security force protecting assets like Disneyland, but...

Megacorps are always the sticking point in Star Wars because it favors corporations large and powerful enough to topple the Republic and more heavily armed than the government, not just once but repeatedly through history (Hello Czerka). I'm not sure there's any sane answer to them, though...

Having thought this over the best I can come up with is a sort of fusion of Federalism and Feudalism. Essentially a "Federalist" style system with more layers than just Nation/State. Start with the "System" as the base layer that's enshrined in galactic law. Individual systems can subdivide...