Tuesday, 9 January 2018

CORPORATIONS (AGAIN)

corporations need to be conceived, constituted and regulated in different ways than they are presently; they need to make central the value of utility at the level of society entire instead of just at the investor level; they need to evolve around a core value of usefulness to society instead of the narrow and unethical focus on themselves. as they presently operate, they are sociopathic, even psychopathic, and that is a sickness that needs remedy. 

however, the idea of eliminating corporations is not a useful reaction to their present inutility. though they are certainly not individuals in any sense of the word, either morally, ethically or (properly) legally, they are naturally occurring manifestations of emergent organizational principles and have proven to have many practical uses that ensure they should be preserved as long as their natural life cycle permits. they just need to be regulated, and regulated by an independent collective societal voice that is not owned or regulated by them.

No comments:

Post a Comment