reply to post by LoKito
Without corporations we would be living in the stone ages.
You have been misled and brainwashed by an endless parade of mainstream media communist detractors as to the ultimate real cause of our problems.
Corporations are nothing more than voluntary groups of people working together toward a common goal.
The "rights" that have been conferred to corporations are no different than the rights an individual enjoys - because a group of individuals has
exactly the same inherent rights as a single individual.
The problem can be summed up in one word: Government.
-Is responsible for 40% of the nation's annual spending. If you are a politically connected corporation, you get a cut of the loot. If you're not,
-Is responsible for limiting access to resources by placing all manner of restrictions on what people can do with their own private property.
Government then leases public land to mega-corporations like BP so they can take the resources without facing competition from startups.
-Is responsible for bailing out failed corporations. Make a crappy product? Uncle Sam will bail you out if you know the right people. The market
would punish you, but government will protect you.
-Is responsible for debasing the currency. Those who get the new money first get the most benefit.
-Is responsible for creating all manner of regulations to prevent competition. The massive burden of government regulations are lobbied for by
mega-corporations because they prevent start-up competition.
To prove my point, simply look at the financial regulatory reform bill put forth.
Do you think Dodd or Frank is smart enough to write this bill?
1706 pages of highly technical legal mumbo-jumbo that accomplishes exactly NOTHING of benefit to the average American.
Who do you think writes these bills?
Corporate lobbyists write these bills that's who.
These bills are WRITTEN by the financial industry.
Corporations are NOTHING without government.
The blame should be placed strictly on government, because without government, corporations would not be the vampire squid they are today.
Corporations use the power of government to circumvent the market.
The market attempts to punish bad corporations by putting them out of business.
Government stops that punishment from taking place.
[edit on 6-7-2010 by mnemeth1]