Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
The government is limited by the US Constitution, if government is a corporation, why shouldn't private for-profit corporations be limited?
Should corporations have the same rights as people? People have natural life-spans, corporations have the potential for immortality; this aspect (as well as others) is problematic.
Money is not free speech, get this: it's money.
States shouldn't exist. They have no moral or logical primer for existence.
Corporations enshrined under States shouldn't exist. They too have no moral or logical primer for existence.
For instance, humans with a heart (and soul) might say that having received an enormous windfall tax break that companies would feel morally obligated to pass at least some of that along to employees in the form of increased wages. Certainly Steve Mnuchin wanted us to think so.
But corporations are no respecters of morality ... they do not have a heart, they are not real people, they are machines. "Shareholder Value" is the only principle these machines are designed for. That is all they can reasonably be expected to do.
For instance, humans with a heart (and soul) might say that having received an enormous windfall tax break that companies would feel morally obligated to pass at least some of that along to employees in the form of increased wages. Certainly Steve Mnuchin wanted us to think so.
But corporations are no respecters of morality ... they do not have a heart, they are not real people, they are machines. "Shareholder Value" is the only principle these machines are designed for. That is all they can reasonably be expected to do.
Yours is a reasonable & rational assessment of these matters, imho. As for Steve Mnuchin, aka the 'Foreclosure King'? 'I wouldn't trust him as far as I could throw him' .
& the old shareholder value canard? It's propaganda masquerading as mythology or vice versa. Another exposed sacred cow of our economic system.
Making Sense Of Shareholder Value: 'The World's Dumbest Idea'
1. Convince people that they have a problem and need a product that they really don’t. Then convince them to overpay for it.
Or
2. Are involved with transactions and add costs that don’t need to be added.
Think about this. We saw a huge increase in life expectancy because of improved food water standards, antibiotics and vaccines. A large portion of this can be attributed to public funding. Currently we are seeing a drop in life expectancy attributable to sedentary lifestyle and the opioid epidemic largely brought to you by corporate America.
I enjoyed reading that piece ~ a succinct historical perspective of how we got here, citing the Tillman Act of 1907, et cetera, thanks for putting it here.
It's worth noting Citizens United v. FEC (2010) is making the list:
I enjoyed reading that piece ~ a succinct historical perspective of how we got here, citing the Tillman Act of 1907, et cetera, thanks for putting it here.
It's worth noting Citizens United v. FEC (2010) is making the list:
Old list. It should also now include Williamson County Regional Planning Commission v. Hamilton Bank of Johnson City, a 5th Amendment takings case. It has now been overturned, and rightfully so, by Knick v. Township of Scott.
I'm not going to say corporations reward negative behavior and punish positive ones since that is a subjective term, but when you give so much power into the hands of executives to pursue their own interests they end up harming the thousands of workers, contractors, adjacent businesses, environmental health, and social health of society.
The problem is corporations have too much power and control over our financial system and consumption habits, often they go as far as organizing our social behaviors through controlled product introduction, removal of competing services, price manipulation, and marketing/product placement.
I'm not going to say corporations reward negative behavior and punish positive ones since that is a subjective term, but when you give so much power into the hands of executives to pursue their own interests they end up harming the thousands of workers, contractors, adjacent businesses, environmental health, and social health of society.
The problem is corporations have too much power and control over our financial system and consumption habits, often they go as far as organizing our social behaviors through controlled product introduction, removal of competing services, price manipulation, and marketing/product placement.
Re: underlined: this is the definition of economic moral hazard.
I'm not going to say corporations reward negative behavior and punish positive ones since that is a subjective term, but when you give so much power into the hands of executives to pursue their own interests they end up harming the thousands of workers, contractors, adjacent businesses, environmental health, and social health of society.
If that were actually true, they would cease to exist. Corporations are symbiotic (so to speak), not parasitic. If there was so much public uproar over their business, hiring, etc., practices, few would buy their products/services and they would cease to exist.
Take Apple or Google (includes Android products/services), for example. They have overseas production and/or use lower-paid H-1B workers, bypassing paying higher wages to US workers, and therefore have huge net profit margins. And how many people refuse to buy/use their products/services? Not many. Why not? They're providing goods and services people want at a price people are willing to pay.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
.