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Old 08-18-2009, 01:57 PM   #886
Tower
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Join Date: Jul 2002
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Quote:
Originally Posted by blankall View Post
You have a lot of misconceptions about what a corporation actually is. Most corporations are privately owned and run by small businesses.

They act to shield the owners from liability. Imagine if you were running, for example, a painting company and an employee fell off a roof. Without a corporation the employee could sue you and take everything you own, including your house/car etc.. With a corporation the employee can only take assets in the business.

In the case of large corporations they allow people to raise large amounts of capital they otherwise couldn't. How fair do you think it would be if someone who owns one share in a company could be sued for everything they own becasue the company has made a mistake? Without corporations companies like Ford and GM could not exist. There would be noone to manufacture cars or carry on any business that allows the raising of capital. In other words we would fall back to the stone age quickly.

As for the movie "the corporation", I know all about it. I went to UBC Law, where Joel Bakan teaches. I have had many disagreements with him about his film. I consider it to be sensationalist. To an educated audience it exposes the dangers of corporations. It, however, fails to mention any of the advantages or why and how a coporation actually works. Thus to an uneducated audience it becomes another propaganda tool.

I also don't see why the Bilderberg group having affiliations with corporations would help them in any way or why heads of state would need to be associated with corporations. If they have the kind of money and power you are talking about, that in itself would give them the power to rule. You've just associated the word corporation with them, because it's some bizarre prerequisite for evil.
Yes there are some corporations that do not exploit... Then there are some that do, and do it very well. These corporations are evil IMO.

Mom and Pop shops... are not the discussion.
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