Thread: I, Republican
View Single Post
Old 07-30-2004, 12:23 PM   #9 (permalink)
mml
Adrift
 
Location: Wandering in the Desert of Life
Corporations are not inherently good or bad and if fact they fequently are both. (Walmart is a great example of this - providing millions of jobs and low prices for consumers allowing their money to go further but they are also notoriously bad about destoying local businesses and have a poor record on how they treat employees) We live in a capitalistic society, and corporations are a logical progression of capitalism. I think they play an important role in our society and their overall effect is positive.

That being said,

“There is an evil which ought to be guarded against in the indefinite accumulation of property from the capacity of holding it in perpetuity by … corporations. The power of all corporations ought to be limited in this respect. The growing wealth acquired by them never fails to be a source of abuses.”

--James Madison

The more and more I read Madison, the more impressed I am. (And to be fair, this comes from an essay on the power of the Church and how it hoards wealth)
__________________
Human beings, who are almost unique in having the ability to learn from the experience of others, are also remarkable for their apparent disinclination to do so."
-Douglas Adams
mml is offline  
 

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76