Now, I don't want any politically divisive rhetoric here, as I will cry to the heavens (mods) and enforce as I have seen done on this forum for much
more ridiculous reasons. I'm not trying to stir anything up here. If there's one thing that I know, it's that I'll never know much. These are just my
That being said I've been thinking about publicly-owned corporations as an idea and I've come to the personal conclusion that they are just another
one of those theoretical pipe-dreams that just don't work in practice; not unlike communism or the McRib. The idea of these corporations in society
seems to defeat itself whenever I think it through:
The first problem to touch on is the possibility of corporate administration screwing the stockholders. For this, we make the administration have a
legal responsibility to raise stockholder value, otherwise stockholders will have no faith in the stock market and the entire thing flops.
This legal obligation, however, forces the primary goal of the company to be turning exponential profits; constantly increasing corporate value to
appease stockholders. This, whether soon or eventually, leads to finding cheaper materials for goods, compromising quality of services, lowering pay
rates and working conditions, replacing jobs with machinery, and/or forcing work overseas, all of which are not only destructive to the economy, but
also destructive to external economies and the well-being of foreign workers.
With such an obligation to turn ridiculous profits, the distribution of wealth is compromised because all of the money is being horded into one
sector. With so much money in one area, the money "works for itself"; the most money being generated in the political system generates from a source
that is performing the least amount of primary work. Also, those doing the most amount of labor profit the least from it, and those doing the least
amount of labor profit the most.
At this point we get stuck with a massive skew because almost all of the money has collected in the corporate sector. For the laborers, all of the
money they make is being saved up rather than spent and recirculated through the system because they, as the overwhelming majority, have the
overwhelmingly least amount of money collectively. The corporate world begins to lose value because of the lack of spending on anything that it's
absolutely essential, so there is huge competition for essential goods. The biggest variant that determines a buy is by far the price
especially in economic times such as this. So, the war begins on who can make the lowest quality essential goods that copycat the function that they
So, here we are. Everything we own is from China and is made of thin plastic. Our primary foods are riddled with intense pesticides and wrapped in
carcinogenic materials. Housing has been pseudo-monopolized. Drug corporations are more interested in suppressing symptoms than curing anything. And
somehow still the only ones that are allowed not to pay taxes are the people responsible for the entire mess in the first place. We can't ask the
corporate sector to even out what they siphoned from the public, that will surely "crash the market" and break their legal obligations to their
I just don't see the point of them at all anymore. It's like having a pet dog that can only eat its own body parts; it's eating away at itself
constantly... so why not just put it out of its misery? Why are these "mandatory" to our political subscription? They don't seem to work very well at
all... why do we staple them to every inch of our lives, just so we can complain when they screw us? So we can dream of one day being atop one and
having our faces plastered on Forbes while not having to watch the foreign workers literally die for it?
The whole situation is "out of control".... a statement which I take as nothing but a challenge to the power of the people. So what do you think?
Should we reassess whether these are mandatory institutions? They certainly seem to create more problems than they solve for 98% of the
edit on 21-9-2011 by Partisanity because: (no reason given)
edit on 21-9-2011 by Partisanity because: (no reason