Friday, January 28, 2011

The Corporate Form -- How should it be regulated?


The Corporate Form -- How should it be regulated? Modern corporate practice invites too much that corrupts and destroys cultural oasis of freedom and dignity. Corporations are given legal rights, but do not "feel" loyalties. Rather, their purposes tend to be entirely material: to make short term profits. Their investors are often allowed and encouraged to remain relatively anonymous, free of liability exposure, with little if any sense of moral responsibility. Their profits are often maxmizied by having their leaders tell "noble lies" to the general citizenry (such as about the virtues of free trade with despotic regimes). Or, upon acquiring enough wealth and influence, their managers may profit simply by buying the citizens' politicians, then selling the nation into international debt slavery (to despotic regimes).

Insofar as the corporate form, in itself, is without virtue, yet leverages opportunities for despots to seize and sell virtue for profits, and insofar as enormous corporate profits are easily made by engaging in political chicanery, it becomes necessary that the people, if they seek to preserve any semblance of human freedom and dignity, must develop the will and the means to re-chain corporations to serve the invisible providence of general moral sentiments.

As things stand, to invest in, and to encourage investment in, corporations that respect no responsibility for preserving human freedom and dignity is to invest in the kind of corruption that follows slave and drug dealers and the kind of destruction that follows competing gangsters and enemy agents. Ways must be found to impose public accountability on those who direct the specific corporate actions or polices that lead to the corruption or undermining of America, America's government and economy, and fundamental human freedom and dignity.

When corrupt or destructive corporate activities are shown to have been approved, consistent with policies of a board of directors, then the income traceable to such corporate dealings should be forfeited, either to the people at large or to the retirement of public debt. In some cases, the corporate form and its assets, insofar as independent management, should be forfeited to the control of a trustee for the public interest.

Regardless, American style regulation of business in the corporate form Should be designed so as not unduly to discourage human freedom and dignity under a caring mores (or God)(without establishment of any particular religion). If we cannot rekindle the will to come together to preserve any sustaining, cultural mores, then the purely material pursuit of money under the corporate form will sink us.

1 comment:

Anonymous said...

In a sense, it is but "noble lying" to think either that your money is yours, or that your money is your government's (or the world's, or nature's). (Likewise, your property, indeed, your very mind, are not yours, but are mere fronts and representations for something of which a Source does own.) In any event, if we fail to cooperate to preserve the nation that avails the full faith and trust of its people to back our money, then we will learn, quickly, how merely representative and derivative our money is of fragile cultural relationships.

Elites deploy obscurantism to try to silence serfs into accepting their lower status. Thus, serfs are seen to be "children of lesser gods." Sam Harris wants to train us to believe that wise morality can be derived only from a dumb nature. Yet, nature, if it rules entirely, is antithetical to free will, and morality means nothing if it gives no nod to that which a free will should do ... even if the nod is only to encourage pretense, i.e., a mask of obscurantism. Elites front their own pagan gods, obscured and masked though they may be. They front a supreme god of nature to bless their purpose, which is to rule the vox populi by conditioning it to believe "noble lies" (such as the lie that allowing elite corporations to trade freely with foreign despots will not tend to undermine every democratic based society). Only the free person is willing to pull down the masks, to see the crocks, to seek to appreciate and serve the unifying Awareness that does not fear, need, or evade masks of representation.

The Corporate Form -- How should it be regulated? Modern corporate practice invites too much that corrupts and destroys human freedom and dignity. Corporations are given legal rights, but do not "feel" loyalties. Rather, their purposes tend to be entirely material: to make short term profits. Their investors are encouraged to remain relatively anonymous, free of liability exposure, with little if any sense of moral responsibility.

Their profits are maxmizied by having leaders tell "noble lies" to the general citizenry (such as lies about the virtues of free trade with despotic regimes). Or, upon acquiring enough wealth and influence, their managers may profit simply by buying the citizens' politicians, then selling the nation into international debt slavery (to despotic regimes).

Insofar as the corporate form, in itself, is without virtue, yet leverages opportunities for despots to seize and sell virtue for profits, and insofar as enormous corporate profits are easily made by engaging in political chicanery, it becomes necessary that the people, if they seek to preserve any semblance of human freedom and dignity, must develop the will and the means to re-chain corporations to serve the invisible providence of general moral sentiments.

As things stand, to invest in, and to encourage investment in, corporations that respect no responsibility for preserving human freedom and dignity is to invest in the kind of corruption that follows slave and drug dealers and the kind of destruction that follows competing gangsters and enemy agents. Ways must be found to impose public accountability on those who direct the specific corporate actions or polices that lead to the corruption or undermining of America, America's government and economy, and fundamental human freedom and dignity.

When Krugmen, in effect, advises the masses that their money is not their own, but their government's, he really means their money belongs to the corporatists who front the government. Is his lie noble or base?