Comments on: Corporations as Persons: Steven Colbert explains this bad idea http://AuthenticOrganizations.com/harquail/2010/01/22/corporations-as-people-steven-colbert-explains-this-bad-idea/ aligning identity, action and purpose Thu, 09 Feb 2012 01:08:12 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Justice Chiefly http://AuthenticOrganizations.com/harquail/2010/01/22/corporations-as-people-steven-colbert-explains-this-bad-idea/#comment-2544 Justice Chiefly Fri, 22 Jan 2010 05:47:04 +0000 http://AuthenticOrganizations.com/?p=2240#comment-2544 Yes. From their inception, they have been effective tools for the consolidation of power, and the exploitation of people across the globe. For centuries, they have enabled the monied class to get - even more money. Investing? Fancy word for speculation, the evil cousin of usury. The profits so gained - free of the investor having to actually do the labor to make the money - is made of the backs of others. It's inherently immoral. Yes. From their inception, they have been effective tools for the consolidation of power, and the exploitation of people across the globe. For centuries, they have enabled the monied class to get – even more money.

Investing? Fancy word for speculation, the evil cousin of usury. The profits so gained – free of the investor having to actually do the labor to make the money – is made of the backs of others.

It’s inherently immoral.

]]> By: Chris MacDonald http://AuthenticOrganizations.com/harquail/2010/01/22/corporations-as-people-steven-colbert-explains-this-bad-idea/#comment-1686 Chris MacDonald Sun, 27 Sep 2009 14:35:42 +0000 http://AuthenticOrganizations.com/?p=2240#comment-1686 Question: Do you know of any advanced economies that don't treat corporations as persons? The basic idea of treating corporations as persons isn't just a quirk of American constitutional law. (The idea goes back hundreds of years in Europe.) In reality, the question is not about whether to treat corporations as persons (if we didn't, no investment in them would ever be safe, i.e., investment would be impossible). The question is about what *kind* of legal personhood they will have. Particular jurisdictions may make bad decisions about this, but that's no reason to throw the baby out with the bathwater. Chris. Question:

Do you know of any advanced economies that don’t treat corporations as persons?

The basic idea of treating corporations as persons isn’t just a quirk of American constitutional law. (The idea goes back hundreds of years in Europe.)

In reality, the question is not about whether to treat corporations as persons (if we didn’t, no investment in them would ever be safe, i.e., investment would be impossible). The question is about what *kind* of legal personhood they will have. Particular jurisdictions may make bad decisions about this, but that’s no reason to throw the baby out with the bathwater.

Chris.

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