Introduction About Site Map

RSS 2 Feed RSS 2 Feed

Main Page | Blog Index

Sunday, January 22nd, 2012, 12:41 pm

Corporate Accountability


IN THIS weird age when corporations are assumed to have the rights of individuals (e.g. privacy) while evading the liabilities and burdens of individuals (e.g. tax, which they can evade using loopholes) it makes one wonder what became of so-called democracy and capitalism. This was not the vision people had after they had laid the foundations for what they considered to be a humane system. Nowadays, our society is based upon ever-increasing debt and a debt that our descendants are expected to pay back. It’s a society where corporations (and their owners) gain vast amounts of money at the expense of real people and when things go awry, corporations will get bailed out and in some cases left alone when they hurt people (e.g. BP in the gulf). There is a massive looting — “piracy” one might say — going on all the time. All the power and welth gets passed to corporations, which now control the political systems too.

If we wish to cautiously proceed with the idea that corporations are like people, then we must subject them to the same standards and restrictions we apply to individuals. Otherwise, civilisation as we know it will sooner or later collapse.

Technical Notes About Comments

Comments may include corrections, additions, citations, expressions of consent or even disagreements. They should preferably remain on topic.

Moderation: All genuine comments will be added. If your comment does not appear immediately (a rarity), it awaits moderation as it contained a sensitive word or a URI.

Trackbacks: The URI to TrackBack this entry is:

Syndication: RSS feed for comments on this post RSS 2

    See also: What are feeds?, Local Feeds

Comments format: Line and paragraph breaks are automatic, E-mail address never displayed, HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Back to top

Retrieval statistics: 21 queries taking a total of 0.128 seconds • Please report low bandwidth using the feedback form
Original styles created by Ian Main (all acknowledgements) • PHP scripts and styles later modified by Roy Schestowitz • Help yourself to a GPL'd copy
|— Proudly powered by W o r d P r e s s — based on a heavily-hacked version 1.2.1 (Mingus) installation —|