Saturday 31st of July 2010
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World as a big corporation
Written by Nishant Katoch , Tuesday, 21 July 2009 21:37

Corporations were built so that when individuals running the company were dead the corporation as an entity would continue to exist. Corporations are just an abstraction. They have no mind or body of their own. Still the corporations are active, seeking direction from the person who is really the directing mind and will of the corporation; the very ego and centre of the personality of the corporation.

 

Over the period corporations went from a convenient legal fiction to the dominant fact of contemporary life. The architects of corporatism have long since passed on but we still live in a landscape defined by their plans and have internalized their values as our own.

In fact this natural evolution of daily life was carefully designed to profit a few, and corporatism has so colonized every part of our life that most of us don’t even recognize how our lives and fortunes are channeled and manipulated by it.

 

 

Move towards corporatism started from late Middle Ages to today. From the founding of the chartered monopoly to the branding of the self; from the invention of central currency to the privatization of banking; from the birth of the modern, self-interested individual to his exploitation through the false ideal of the single-family home; from the Victorian Great Exhibition to the era of MySpace; the corporation has infiltrated all aspects of our daily lives.

 

We as an individual see our homes as investments rather than places to live, we see our bank balances and corporate positions as the ultimate measure of success. Things are measured in terms of money. We have curbed our self expression and domesticated our souls for the corporate goodness. We have stopped investing and transacting directly with one other but rather have outsourced all this activity to institutions that exist solely for their own sakes. Concept of family living together is giving away just so that we can move out and earn more so that one day we are able to lead the lifestyle advertised by corporations.

 

Granting these corporations (collective entity) the rights and privileges of a person can be problematic in a democratic society, because it threatens to undermine the fundamental principle of equality by creating a unique class of persons with unprecedented access to financial resources, limited legal accountability, and virtual immortality. Moreover, unlike real individuals, who function with the guidance of complex moral guidelines, possess sensitivity to social norms and mores, and who presumably seek to co-exist peacefully with their neighbors, corporations exist solely to consolidate wealth and accumulate power. In allowing the judicial system to aid corporations in accumulating profit, the state has essentially agreed to use its own resources (i.e. those of the people) to support corporations' efforts to accumulate more wealth into the hands of fewer people.