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The Corporation
September 16, 2008, 5:47 am
Filed under: Uncategorized, YouTube | Tags: , , , , , , , ,

If you haven’t yet seen the documentary “The Corporation”, I suggest you sit down and get ready for the 101.

“150 years ago, the business corporation was a relatively insignificant institution. Today, it is all-pervasive. Like the Church, the Monarchy and the Communist Party in other times and places, the corporation is today’s dominant institution. This documentary examines the nature, evolution, impacts, and possible futures of the modern business corporation. Initially given a narrow legal mandate, what has allowed today’s corporation to achieve such extraordinary power and influence over our lives?

Through the voices of CEOs, whistle blowers, brokers, gurus and spies, insiders and outsiders, we present the corporation as a paradox, an institution that creates great wealth, but causes enormous, and often hidden harms.

To determine the kind of personality that drives the corporation to behave like an externalising machine, we can analyse it like a psychiatrist would a patient. We can even formulate a diagnosis, on the basis of typical case histories of harm it has inflicted on others selected from a universe of corporate activity.

Having acquired the legal rights and protections of a person, the question arises – what kind of person is the corporation?” – the Narrator

In short they are a person with “no soul to saveno body to incarcerate”. – Baron Thurlow

“Corporations were given the rights of immortal persons. But then special kinds of persons, persons who had no moral conscience. These are a special kind of persons, which are designed by law, to be concerned only for their stockholders. And not, say, what are sometimes called their stakeholders, like the community or the work force or whatever.” – Noam Chomsky

Watch the full version here

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