Corporations : The New People Essay

The collection of private, commercially oriented organizations, ranging in size from sole proprietorships to large corporations is referred to as

the big idea: cruelty leads to dehumanization (either by idolizing someone as a hero: ‘the undefeatable’, ‘god-like’, or villainizing someone: ‘tyrannus villain’, ‘hell-creature’, ‘earth-razer’)

Through written form and literary techniques, the book feed elaborates on many ideas that Anderson puts forth to the responder, one idea that is evident in the book is the idea of morality using it to show that corporations are in fact evil. Morality is the ability of humanity to distinguish between right and wrong, and once we have lost this capability we symbolically lose the core of our humanity. Anderson influenced by his social context where money is power writes “We Americans are interested only in the consumption of our products. We have no interest in how they are produced, or what happens to them once we discard them, once we throw them away.” The repetition of the word “we” and the high modality used in the

Corporate Social Responsibility (CSR) is a very controversial topic. A question that has been debated for the past few decades is; is it corporately viable to introduce social responsibility as a proposed addition to the work ethic of business organisations. As well as, if adopting the framework of corporate social responsibility would yield positive improvements for those organisations.

Courts use a legal fiction of treating corporations as artificial persons in order to allow the law to apply to corporations as a whole. This concept actually began with ancient Rome, where a business was considered to be a single, non-human body made up of many people. In the United States, being treated as an artificial person means that corporations have many of the same duties, responsibilities and protections as

The corporations are as such becoming more and more powerful and they support the demise of

It is unsensible to believe that even the upper crest of the US financially can keep up with a corporation. Therefore receiving donations from corporations is the candidate's main goal, while ignoring the many small donors that truly represent America’s views. While there is no solid proof of corporations influencing candidates decisions thee have been sketchy moment in which corporations money influencing candidates decisions have been suspected. In 2000 when Bush was running for president an energy company based in Houston, Enron donated a substantial amount of money to Bush. They donated 2.5 million making them the highest donating energy company and the 36th highest corporate donator. After Bush was elected he passed 6 bills extremely beneficial for Enron that multiplied their revenue by nearly three times. In all Corporations donating limitless to candidates forces a candidate to pass bills beneficial for their donors and not the majority of people. This needs to stop or the purity of America’s political system goes down the

The purpose of the textbook, Who Rules America? by G. William Domhoff, is to explain his theory of Class Domination. My essay emphasises the relation of social class to power, the existence of a Corporate community, the relationship of the Corporate community to the upper class, and various methods used by the Corporate community to dominate the U.S Political System. Furthermore, my essay will discuss the potential limits to corporate power in America.

A corporation was originally designed to allow for the forming of a group to get a single project done, after which it would be disbanded. At the end of the Civil War, the 14th amendment was passed in order to protect the rights of former slaves. At this point, corporate lawyers worked to define a corporation as a “person,” granting them the right to life, liberty and property. Ever since this distinction was made, corporations have become bigger and bigger, controlling many aspects of the economy and the lives of Americans. Corporations are not good for America because they outsource jobs, they lie and deceive, and they knowingly make and sell products that can harm people and animals, all in order to raise profits.

Most corporate financing decisions in practice reduce to a choice between debt and equity. The finance manager wishing to fund a new project, but reluctant to cut dividends or to make a rights issue, which leads to the decision of borrowing options. The issue with regards to shareholder objectives being met by the management in making financing decisions has come to become a major issue of recent times. This relates to understanding the concept of the agency problem. It deals with the separation of ownership and control of an organisation within a financial context. The financial manager can raise long-term funds internally, from the company’s cash flow, or externally, via the capital market, the market for funds

The 2003 Canadian film documentary, The Corporation, is about the modern-day corporation. It critiques that it is considered to be a person, but since it has so many disregards to the human well-being and only cares about making as much money as possible, if it were an actual person it would be considered a psychopath.

Large corporations such as Wal-Mart or Home Depot often come under criticism for putting mom-and-pop shops out of business. While this may be a valid criticism, the consumers neglect to realize that they play the biggest part in shutting these businesses down. Consumers across the country are always looking for the best deals or the lowest prices, and in most cases the larger corporations are where products can be found at the lowest price. Many small business owners and the populations of small towns dislike large corporations moving into the area because they believe it negatively effects the local

Since corporations are not physical things or people, it is very easy for them to avoid any kind of trouble. Corporations have become great at passing on their externalities to the public. An externality is an expense of any kind, whether it is something such as environmental damage or forcing people in an area to pay money for something, that a corporation forces the public to pay for while they privatize all profits. Corporations being externalizing machines fit in very well with their psychopathic behavior. They externalize any cost to the public because they can and it helps them achieve their goal of making as much money as possible. A quote from Robert Monks puts it very well, he says “The corporation is an externalizing machine

* Is it acceptable for corporations to use their considerable power tp shape government policy?

This doctrine has been seen as a “two- edged sword,” reason being that at a general level while it was seen as a good decision in that by establishing that corporations are separate legal entities, Salomon 's case endowed the company with the entire requisite attributes with which to become the powerhouse of capitalism. At a particular level, however, it was a bad decision. By extending the benefits of incorporation to small private enterprises, Salomon 's case has promoted fraud and the evasion of legal obligations.