Quote:
Originally Posted by lifeexplorer
For those who don’t understand what a corporation is, a corporation is merely a group of people VOLUNTARILY organized together to provide certain goods and services.
So why are they evil?
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Why do corporations exist?
The popes created corporate charters. In fact, only the Roman Catholic Church could grant corporations for about 600 years.
They allowed municipalities and trade guilds such as the Dyer's Guild to incorporate. Yes, there really was a Dyer's Guild. They made dyes for fabrics and pigments for paints and inks. Those were all trade secrets.
We know when non-compete agreements existed because the very first case called "
Anonymous" was filed around 1415 and it involved a member of the Dyer's Guild. Unfortunately, pages and documents are missing so we don't know how the Crown Court ruled, but we have a clue from another case.
That case is called "
Blacksmiths" or officially
Blacksmiths of South Mimms at 2 Leo. 210, 3 Leo. 217 (1587).
South Mimms is a small town near Tottenham (as in the Tottenham Spurs) and the Blacksmith Guild hired a guy as an apprentice and made him sign a non-compete agreement not to work in South Mimms once he completed his training.
The apprentice-turned-journeyman doesn't want to leave South Mimms, so he sets up shop there and the Blacksmith Guild sued him to enforce the non-compete agreement. How did the Court rule?
The judge threw the blacksmiths in jail and the journeyman took over all the blacksmithing in South Mimms.
That's a little harsh, but that's what Crown Courts thought about non-compete agreements.
Anyway, later, kings were given the right to grant corporate charters.
In Colonial America, colonial governors had the right to grant corporate charters, then as the colonies evolved into States, it was the State governors, then the legislatures took over the role of writing the statutes for incorporation.
I mention that, because you obviously haven't studied the history.
If you had, then you'd know that corporations were allowed to do one thing and one thing only.
That means you could produce films, or you could own TV stations,
but you could not do both.
Yes, I'm referring to Disney. It wasn't that long ago in the US when Disney would not be allowed to produce films
and own TV stations.
There's something else. Corporations were required to do something to benefit the community or the State.
Those two conditions and other conditions and limitations placed upon corporations were removed from the statutes over time so that corporations can do whatever they want.
That's one of several reasons why for the longest time, all publicly-traded corporations incorporated in the State of Delaware.
Corporations aren't necessary for any economy and in your economy, only 3% of all businesses are publicly-traded corporations.
Corporations are known to have conspired to commit crimes or conspired to violate morality and ethics.
Think Volkswagen.
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