A corporation is a public or private entity, generally free of government direction or control (within legal limits), operating from the basis of self-interest and competition. Corporations have not been limited to the resources or labor of its nation-State of origin since Roman times. At work today, we manage heavy industry contractors and operators around the world, including Europe, Africa, Australia, China, etc. The majority of our business is outside the US.Cornfed wrote: An incorporated company operates under government charter and, in exchange for special protections such as limited liability, is supposed to serve the public interest. Historically, corporations were created for worthy public projects such as constructing canals and were subsequently wound up when the project was completed. There is nothing left-wing about this, apart from perhaps the granting by the government of a corporate charter in the first place. Moreover, to do business companies are ultimately dependent on natural resources which are the common heritage of the rightful citizens of the host country.
Feel free to give your business to credit unions, worker cooperatives, and non-profits. I'm not entitled to a payoff, neither are you.Cornfed wrote: Clearly modern corporations serve neither the public nor shareholders, but exist simply to enrich a tiny parasitical (and largely hereditary) elite, and have secured all manner of unwarranted advantages over others via alliances with corrupt regulators and the banking system to allow them to do this. You seem to think this is a good thing, that the elite are the rightful owners and proprietors of all a nation's resources and that if ordinary citizens being replaced by foreigners and starving to death allows some CEO to do another line of cocaine or hire another hooker, then this is just fine. Why is it in our interests to see it this way? In the movie Braveheart the Wallace character says "You [the elite] think that the people of Scotland exist to secure your position, but I think your position exists to secure their freedom". Why is this not a more profitable way to see it?
Of course as essentially an itinerant foreign laborer and effective corporate ward, you perhaps would be justified as viewing yourself as having no rights and existing at GovCorp's sufferance, buy why should others see themselves like that? What is the payoff?
When man used barter for goods and services, there was a limit to the accumulation of wealth, as livestock, perishable goods, and even durable goods will die, spoil, or degrade over time. The invention of currency allowed near unlimited (for practical purposes) accumulation of wealth, as money do not spoil or decay, except for loss in value through inflation. If you want to blame the banking system for creation and maintenance of elites, then feel free to direct your blame at creators of coinage from the late Bronze age.
...and before anyone start complaining "where would you find worker cooperatives to buy necessities", those who reside in Los Angeles area can shop at Winco (open 24 HRS). If you live elsewhere, I do not live in your town and you should do your own homework.
