manufacturing evil (Re: JMS: Re: Babylon 5 Universe Novels?)

On Mon, 31 Oct 2005 17:09:04 +0000 (UTC), John W. Kennedy <jwkenne@xxxxxxxxxxxxx> wrote:
[...]
> The legal concept of a corporation is far older than the Supreme Court;
> it has its roots in ancient Rome. (If you do not understand why that

The concept of a corporation is not the problem. Giving a corporation the
same status and legal rights as a natural person, is, and this is fairly
recent (1886). There is nothing wrong with a business seeking profits--on
the contrary. However, the power and protection granted to a corporation,
while freeing its members from liability, creates an amoral monster with
unprecedented power, whose only purpose is to grow without any other
consideration. Like cancer.

> makes the first part of your complaint meaningless, then you need to
> learn a good deal more than you know now about Law.)

My question is not so much about the law, but the psychology of the people
who allowed this to happen.

> The matter of putting profit before the public good is not intrinsically
> a property of corporations, but rather of publicly traded joint-stock
> companies, and the moral acceptance of usury, despite millennia of
> condemnation by prophet and philosopher alike, is the root of publicly
> traded joint-stock companies. The current dilemma is based on the
> problem that the directors of a corporation have no legal right to deny
> profit to their shareholders based on the directors' own moral sense.

I think it's a little bigger than that. The director's moral code (or
lack of) can only affect one person: himself/herself. Even if this were
an ethical person, corporations would still have too much power, and
completely inappropriate (INSANE) legal protections.

--
20051031 1030
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