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OWLSVIEW

Don Quixote
Articles Posted: 55  Links Seeded: 0
Member Since: 8/2010  Last Seen: 5/17/2012

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CORPORATIONS Are The Downfall of CAPITALISM

Sun Sep 4, 2011 2:55 PM EDT
politics, news, opinion
By owlsview
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A rather slow Sunday, good time for thinking.

That headline may sound a bit outlandish and contrary to itself, but I believe it to be 100% well I'm not much of one for absolutes, 99.9% true.

Just what is a corporation anyway?

Once you get past all of the legal mumble jumble it is nothing more than an empire created out of the melding together of independent businesses, many of which had previously been competitors. I do believe that there is a strong bond between capitalism and competition, something to do with a free market.

Corporations are primarily run, when I say run I am referring to the Board of Directors, by those who are called industrialists, but in actuality are not. These are people solely motivated by acquiring power and profit off the work of others. At there base there is nothing too larcenous, deceitful, cruel or murderous that they would not stoop to in order to achieve their goals.

Eliminate family run businesses and you erode the very concept of family. When the family no longer works together, they also don't play together. Not just blood families, neighborhood families as well. When you take the private out of factory and place dependence outside of the community you tear down the fabric of social alliance.

Haven't you noticed how many of these corporations act like they are countries of their own? Ever had to attend one of those corporate "rah rah" meetings? You know, 2-4-6-8 this corporation is really great! When you wear that logo you are flying the company flag.

We need business, private enterprise, family enterprise and community enterprise, not corporate enterprise.

 

The leaders of these corporations have made corporations as detrimental to our way of life as have the leadership of today's unions.

 

It was just released at the end of the week, that job growth for August was ZERO. It was also reported that ATT had been challenged in it's bid to buy T-Mobile.  Both items are newsworthy, the first quite sad and disturbing the second that regardless of motivation this is probably a good thing.

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  • Groups: Anti Status Quo, Moderate Americans, No Main Stream Media Allowed, True Americans
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  • Public Discussion (76)
owlsview

COH -----Crackers on Honey? Or is it the other way around. Either way sounds good.

  • 2 votes
Reply#1 - Sun Sep 4, 2011 2:57 PM EDT
CaptainObviousSays

The leaders of these corporations have made corporations as detrimental to our way of life as have the leadership of today's unions.

bingo...

perhaps your headline should read....

CORPORATIONS and UNIONS Are The Downfall of CAPITALISM

cheers

:)

  • 11 votes
#1.1 - Sun Sep 4, 2011 4:14 PM EDT
Sad but not surprised

Your position has some merit with regard to huge mega-corp multinationals, but it is not valid to extend that to assume that every corporation is bad. Corporations serve many useful and important economic and social functions. It is important to keep an eye on them, though, especially the biggest ones. If they are "too big to fail" then it may be time for the regulators to get involved. Like anything else, corporations are a good idea that can be taken too far.

  • 6 votes
#1.2 - Sun Sep 4, 2011 7:11 PM EDT
owlsview

An assessment with a good deal of merit Sad. Sorry it took so long to get back, server problems in this extreme heat.

That is why I am comfortable making the comparison with today's union structure. The ability for a business to get financial backing for a new product or expansion of facilities by selling a piece of itself to an investor was a big plus brought forward by the original corporations. They have outgrown that purpose by eliminating independent business and are now amongst the oppressors.

  • 3 votes
#1.3 - Sun Sep 4, 2011 7:55 PM EDT
Oliver Closoff

It's not clear from this piece that you have any real understanding of what a corporation is.

http://www.investorwords.com/1140/corporation.html

We need business, private enterprise, family enterprise and community enterprise,

Many of these entities are corporations. So where do you draw the line? You're going to have to make your complaint a bit more coherent if you want to go much beyond sloganeering.

  • 3 votes
#1.4 - Mon Sep 5, 2011 12:07 AM EDT
Randy McMurphy

Corporation: An ingenious device for obtaining profit without individual responsibility.

  • 5 votes
#1.5 - Mon Sep 5, 2011 2:14 AM EDT
owlsview

Oliver see 9.3. Figuring out where to draw the line is quite complicated, especially when you have something that can provide so many good opportunities like corporations can. Once again it is more an issue of the people than of the institution itself. Once again I place today's giant corporations in the same category as today's unions. Same type of people running both.

  • 3 votes
#1.6 - Mon Sep 5, 2011 10:46 AM EDT
Reply
owlsview

Being pro business and anti-corporate at the same time is a place I think many people find themselves in. Corporations exist for the benefit of Wall Street.

  • 7 votes
Reply#2 - Sun Sep 4, 2011 3:12 PM EDT
AmericanMOM-598098

And to protect their investors from being held personally liable as an individual PERSON can be held liable. This is how they get away with fraud and negligence committed on the US society. They take and take from the US, but give nothing in return. If a corporation is fined and said fine is not paid; does any ONE go to jail? No, the US government usually gives them a fine for a violation; then gives them the money to fix the violation through grants/subsidies; then gives them a tax break to boot. In order to maximise their profits; they continue this process because the the grants/subsidies combined with the tax breaks usually far outweighs the original fine that really never paid to begin with.

  • 7 votes
#2.1 - Sun Sep 4, 2011 5:04 PM EDT
jodell-498689

AmericanMom - you are right on the money. I was a credit/collection manager for a wholesale petroleum company for several years. They incorporate or LLC to prevent personal liability to their owner (which is usually the president or CEO) as well as their stockholders (which in turn are usually the investors). As far as grants or subsidies are concerned that would relate to what type of business they are in. I am now a small business owner and was encouraged to LLC to seperate my personal property from liability. I did not. Even your average plumbing business or printing shop would be encouraged to LLC (which is for small business). There are sites similar to credit sites that can give you all the low down on each company and any of their suits, fines, net worth, to let you know of any compliance issues. Even when a corporation applies for credit to purchase goods you will never get a "personal guarantee" on any application. Taking one to court is a "no win" situation. Once you win the suit it is up to you to collect. Good luck with that.

  • 5 votes
#2.2 - Sun Sep 4, 2011 6:29 PM EDT
Extraterrestrial

Don't you just love our corporations?

http://foreignpolicyblogs.com/2009/07/30/ge-outsourcing-new-%e2%80%98green-jobs%e2%80%99-to-china/

http://caffertyfile.blogs.cnn.com/2011/07/27/ge-moving-x-ray-business-to-china-what-message-is-sent-to-u-s/

http://www.wikinvest.com/concept/Outsourcing_to_China

http://www.islandpacket.com/2011/08/28/1770454/jobs-have-gone-to-china-thanks.html

Has Obama or anyone even tried to lift a finger to stop this?

  • 4 votes
#2.3 - Sun Sep 4, 2011 6:48 PM EDT
owlsview

jodell you have the voice of experience. As a general manager of a plumbing company, I convinced the owner to form a limited corporation. Protected him from all liabilities as well as through working in conjunction with the tax codes enabled us to have the company pay for his home and yet remain safe from seizure.

  • 3 votes
#2.4 - Sun Sep 4, 2011 8:00 PM EDT
Oliver Closoff

You meant to state that it protected him from personal liability. And to a large degree that is true.

It really wouldn't have been so necessary except for the multitudes of individuals that I suspect would find a great deal of sympathy on the VIne who would file a lawsuit at the drop of a hat in order to attack an individual for any number of perceived grievances including doing business while being wealthy.

  • 5 votes
#2.5 - Mon Sep 5, 2011 12:13 AM EDT
owlsview

I was given the task of finding the best possible protections for he and his family. I am not an expert in these matters but after hours of consulting with several others and wading through enough legalese to choke a lawyer I did gain a little knowledge. Especially on how the system works.

Way to complicated sir. Complex, twisted. More if's ands and butts than a conspiracy theorist convention. Talk about a big business, I was amazed at how many people are making a living out there advising people on how and what kind of corporation to form. Mostly for tax dodging purposes. They don't even bother to hide that fact instead they use it as a point of pride in their sales pitches.

Your point about people willing to file a suit for the sake of filing a suit is well taken and disgustingly true. There are three separate divisions of government, we all know that, Executive -Legislative and Judicial. The separation of the three branches is a key to our system of government. However corporations have successfully corrupted and twisted our system to the point where government itself is operating like a corporate structure.

You have the Executive Branch up there where the CEO, COO and other boss types run the everyday operations. Then you have Congress aka the Board of Directors whose primary task is to get the most from investors(tax payers) and return the least.

Then you have the Judicial Branch or Legal Department, headed by the Supreme Court, whose purpose is make sure that laws are written and interpreted in such a fashion as to enable the corporation(government) to do as it pleases.

The influence of corporate money has been a major contributor to the crippling of our government, what is separated by design has been joined by greed. It is quite possible that the dissension between the two parties is all that is preventing us from becoming an oligarchy.

  • 2 votes
#2.6 - Mon Sep 5, 2011 11:53 AM EDT
Reply
Mike-1499840

Owl,

OK, just how would you structure an organization like ATT or Ford motor company? Your last comment makes it appear thatnyou don't understand why corporations exist.

Regards,

Mike

  • 1 vote
Reply#3 - Sun Sep 4, 2011 4:22 PM EDT
Avalon5Deleted
Village Idiot-2299796

Capitalism Is Collapsing???

Hurrah! I can take it!

    Reply#5 - Sun Sep 4, 2011 4:58 PM EDT
    mdnorcuss

    You confuse corporations with conglomerates. Many small family businesses are "corporations" but few are conglomerates. It is the rise of the conglomerates--the supercorps as it were--that is to be feared. At heart, such conglomeraes, as was recognized a century ago, are anti-competitive at heart and not in the least altruistic.

    • 5 votes
    Reply#6 - Sun Sep 4, 2011 4:59 PM EDT
    Avalon5Deleted
    owlsview

    When corporations exert control over the things we need they are not competing, they are controlling us.Controlling us at both ends currently. At the one end it is an employers market, enables them to tell us how much we will make. At the other end, they control our commerce and tell us how much it is going to cost us to live.

    • 3 votes
    #6.2 - Sun Sep 4, 2011 8:30 PM EDT
    Reply
    Robert in Ohio

    owlsview

    For the most part I enjoyed the article and agreed with a lot of you opinions / conclusions.

    But

    These are people solely motivated by acquiring power and profit off the work of others. At there base there is nothing too larcenous, deceitful, cruel or murderous that they would not stoop to in order to achieve their goals.

    This is the type of hyperbolic generalization that generates emotion and detracts form a factual discussion IMHO

    There are many more corporations that are good corporate and environmental participants in our communities and country than there are corporations that are actively undermining the society, polluting the environment and defrauding their workers.

    But that would not have been as interesting an article I am sure.

    Thanks for the article and for listening to my opinion

    • 5 votes
    Reply#7 - Sun Sep 4, 2011 5:12 PM EDT
    AmericanMOM-598098

    Because of relinquishing so much control over the aspects of our daily lives to mega money machines; communities need to start looking to meet their needs on a more local level. Corporations are not people. The boards of directors do not meet the employees that make their business possible. In fact, most have never actually done the tasks required to accumulate their profitable bottom line; all they see is the numbers. It boggles the mind how corporations can continue their US public charters and sell their products here without contribution to the US. They are, in essence, taking the money from our public coffers as well as private and depositing it in other countries like thieves and our elected officials are enabling them. The voters are enabling the elected officials. This brings to mind another question off topic for this seed: How fixed are the elections? It really doesn't make sense that the American people would choose to have our country controlled by corporate interests; it goes against our very ideals of sovereignty and freedom.

    • 3 votes
    Reply#8 - Sun Sep 4, 2011 5:24 PM EDT
    Joanna Caroll

    These are people solely motivated by acquiring power and profit off the work of others.

    That is capitalism: the ability of a private owner to make money, free enterprise. Corporations are not the enemy. Most small businesses register as some kind of corporation, e.g., mom and pop establishments, single owners. Non-stock trading corps are as viable and as interested in profit as GE, all with an eye toward lowering costs and paying as little or, in some cases, no federal income taxes....to enrich themselves. Cronyism is the problem and with that comes power. The only corporations to truly fear are those rich enough to buy the next election. Because the Supreme Court said corporations are people too.

    • 5 votes
    Reply#9 - Sun Sep 4, 2011 5:43 PM EDT
    Boudicea

    To take that one step further, if I may, Joanna, corporations are not the enemy. Corporations which have bought off politicians for favors are the enemy. If corporations had to exist solely in the capitalism arena and not in the political arena, there would be fewer "evil" corporations.

    • 10 votes
    #9.1 - Sun Sep 4, 2011 6:03 PM EDT
    Joanna Caroll

    corporations are not the enemy.

    Kjm, I stated the same thing; on this we agree but cronyism is the ruination of a true free enterprise system.

    • 3 votes
    #9.2 - Sun Sep 4, 2011 6:41 PM EDT
    owlsview

    I see we are having a bit of a problem with semantics. My specific target consists of the large multinational corporations. There are several types of corporations that can be formed. The law encompasses many categories.

    Robert in Ohio, I will confess to being a bit hyperbolic in my comments. I was trying to make it clear that to me there is a difference between big business and corporations. I didn't do a very good job. Not all corporations are "evil" just like not all "unions" are "evil". The bigger they are the more likely they are.

    • 3 votes
    #9.3 - Sun Sep 4, 2011 8:08 PM EDT
    Freewill

    I apologize for a rehash of part of my whole post HERE, but I must concur with kjmirl by repeating a part of that comment as follows:

    If these corporations were left to compete in a truly free and open market where market forces dictate fair competition among large and small companies, drive natural price controls via real supply and demand forces, truly compete for good labor and fair wages, and pressure from the market to maintain ethical business practices, there would not be the problems that are currently blamed solely on these companies. If they weren't allowed via closed door lobbying to effect political elections and curry favor in terms of subsidies and tax credits and other unfair advantages over their competiton granted by elected officials, these companies would be revered as the strong employers of millions of Americans that they are. If the Government did not tinker and meddle in the markets in which these companies operate and let true market forces control and constrain them, the problems we see today would not exist or would be significantly reduced. No more bubbles and busts, no more corporate bailouts, no more economic instability caused by excessive tinkering in the markets (especially the financial markets) by the government and special interests and their chosen friends in various industries. While the actions of some CEO's has been morally questionable at times, one must admit that it is when these companies curry favor from, and get in bed with the Government and legislators, that the feces hits the ventilator. It is the alliance that is evil, not the company itself.

    • 6 votes
    #9.4 - Sun Sep 4, 2011 8:09 PM EDT
    owlsview

    The people, not the entity. I would buy that, except the entity of major corporation eliminates the responsibility of individual people.

    • 4 votes
    #9.5 - Sun Sep 4, 2011 8:33 PM EDT
    Freewill

    Good point Owls, and that is where personal responsibility and proper use of one's free will comes into play. Perhaps we should not allow the "shield" of incorporation to eliminate the responsibility of individual people. Bailing out a corporation or bank with taxpayer money under the false pretense of "too big to fail" isn't my idea of a good place to start in terms of reinforcing the concept of personal responsibility. At the same time, perhaps attempting to use Government to shield the people from thier own poor decisions and improper choices does not advance the concept of personal responsibility either? Just some food for thought....

    • 5 votes
    #9.6 - Sun Sep 4, 2011 8:44 PM EDT
    owlsview

    An anomaly seems to form in my mind as you compare government shielding "people" from their own mistakes. Government is made up of these same type of people. Another anomaly appears when you consider that major corporations control our marketplace from development to production to distribution. They may well be to big to allow to fail.

    • 1 vote
    #9.7 - Sun Sep 4, 2011 8:58 PM EDT
    Freewill

    Ah, but how do you argue that the people who make up a corporation or a government should be held accountable for their actions/decisions, but not ALL people in general?

    The only way that a corporation can become "too big to fail" is if the Government protects it from failure, or competition (including well before and up to its point of failure). In a truly free-market, the people have the choice as to whether they will buy a company's products or services and as such there is no coersion, but rather choice. When Government steps in and assists with elimination of choice, or competition, or rewards people and businesses for poor decisions, that is when control is removed from the consumer and the failure of such corporations becomes a forced burden on all, with no reprecussions for the ones who caused it as you rightly point out.

    • 4 votes
    #9.8 - Sun Sep 4, 2011 9:22 PM EDT
    larry ling

    Freewill You made your point eloquently in my opinion. I have been asserting for a long time that the true evil is corporate interference and their unfair & imbalanced influence in politics and legislative government. This reality is an overwhelming case for demanding the "Public Financing of Elections" that would completely take moneyed interests completely out of the picture and allow our government and its leaders to govern efficiently and solely in the nations interest without being encumbered by loyalties only to the wealthy few that fund their campaigns. To me, the overreaching power of corporate America this is the crux and the result of the decades of servitude to a corporate monopoly in control of our politicians. The sooner we the people insist that Public Financing of Elections is the only reasonable method of running this country the better off we all will be.

    The notion that the corporate US operates within a "Free market System" is incorrect and in fact a lie. Corporations do not function in a "Free Market" and it has over time (with the cooperation of government politicians) subverted it into a "Gamed market" that both manipulates the market and financially coerces government for pure greed and that is indeed evil. It's way beyond excuses not to put an end to this madness before the US is indeed destroyed by it. Ask yourself this.. "Has America been made better by the existence of this type of direct corporate participation in Government" ? Does corporate influence in government work result in any true benefit for you or me ? Given the US historical context of the many corporate attempts to unfairly influence government policy solely for their benefit at the expense of the American public, can you really believe that they care about anyone's needs other than their own ? The fact that both major political parties has grown so willingly dependent on this system of the corporate seizure of power should signal to all Americans that the time has come to demand that this type of government is absolutely not in the nations best interest. The fact that the Tea Party and the GOP primarily encourage the ongoing support of it makes them wholly complicit in promoting the inevitable collapse of this nation and an end to America as it was envisioned by the Founding Fathers intentions to form a more perfect Union. An apt definition is....Corporate Interests + State Interests = Fascism, and that is precisely where we're headed.

    • 2 votes
    #9.9 - Sun Sep 4, 2011 9:49 PM EDT
    owlsview

    I am not sure where you get the impression that I don't believe that all people in general should be held accountable for their actions/decisions.

    For to many years our government has been doing pretty much what you have described. There is a huge difference between assisting the family farm that had a bad year and subsidizing a major corporation for underestimating the cost of doing business. Family farms have all but disappeared yet we still make huge payouts in farm subsidies. To whom? Major corporations.

    • 2 votes
    #9.10 - Sun Sep 4, 2011 9:51 PM EDT
    Freewill

    I am not sure where you get the impression that I don't believe that all people in general should be held accountable for their actions/decisions.

    Owls, I did not mean with my remarks to infer what you believe one way or the other. In retrospect, I should have used the word "one" in my first sentence rather than "you". My apologies. I was simply trying to make an obervation with respect to self-control and personal responsibility as being an expectation that should be applied equally to all people regardless of their station. I agree with the bulk of your statements above my friend, and I think it is good that this discussion is moving toward what it is that we think we might do about this situation.

    I might not get a chance to get back here tonight, but as always I look forward to some great discussions with you my friend. Take care.

    • 3 votes
    #9.11 - Sun Sep 4, 2011 10:14 PM EDT
    owlsview

    larry ling, you yourself make a good point. Something we must consider is that one way or another everything in government is connected. Do something on one issue and you create a ripple effect that affects other issues. What this means is that we need several changes in the way we control our government. Beginning with things like the implementation of term limits, campaign expenditures etc.

    Government, especially Congress has gotten into a bad habit of focusing on just one issue at a time, they put on blinders and ignore any collateral damage that may result out of their intent to get exactly what they want on one issue, thus we end up with some real classics like the battle between entitlements and taxes.

    We can't do everything all at once, but we can't do things just one at a time either. You know growing up really sucks.

      #9.12 - Mon Sep 5, 2011 12:10 PM EDT
      Reply
      Artemirr

      Monetary system is the downfall of every society, it gives the illusion of superiority and allows immoral creatures to grow like bacteria on a society. It affects the conscience and grid of a populace by creating and inducing fear or hate or other reactions, yet also used as a perverse tool to lift ones standing by giving the illusion of helping others but with no pretension of helping or solving the problem. Created a world of lazy men and women that do work towards a useless future. Regardless of ism or idea or thought... you cannot serve two masters to be true. This society is a society of worthless immoral children with the age of adults but a mind of a three year old. In its regards towards each other, pseudo peace, pseudo intelligence, pseudo community. Nothing but ruled by harlot women behind their men like in the Asiatic region.

      • 1 vote
      Reply#10 - Sun Sep 4, 2011 5:50 PM EDT
      Avalon5Deleted
      Artemirr

      @ Avalon
      @ John

      The current system is meant to purge those that have no conscience. If you want to know the multitude of systems read history, before monetary system with the monetary system and what have you. Multi-monetary systems where each mark represents a facet of society towards infrastructure or consumption of ones collected actions.

      Nor am I going to thwart my self into a society that forces me to submit to the iron clad of the banking industry and the money changers and Goyien. Perhaps you best just serve them to capitalize on foreign countries for oil. American dream is a lie, the founding fathers would never have created a system of false hope and disparity, unlike the money changers from Europe and the Asiatic regions. Continue to learn and indoctrinate yourself into the lie, really think 56 million of fabricated assets to a entertainer that will never build create of innovate but towards chaos is worth anything. Its intentional dumbingdown of the society to create a new fascist regime. Believe your tyranny, believe that you need to get loans for school, believe all the non sense you want, you are worthless in a monetary mindset. Your conscience grid is chained from things.

      Mental architecture is important, but if I am fluent in understanding nature I can use it to my advantage and no one is the wiser. The rest are just feral monsters creatures worthless, un illuminated. For instance if you take all female pot plants and put the males in another room. The females will get aggressive, for the lack of males and will produce an enormous amount of THC to try and attract a male. The same is if there are more males. If you understand this, then you can create a society where the females are generally horny all the time, like some deranged creature. This dark magic or science allows one in control of the system to have great fun at the expense of females and males. Deeper understanding of knowledge of nature is watching the hilarity of it all but as much as the one will take from the system to fill its hunger and need at no point would the female or male breed with a lesser minded individual because un illuminated people are disgusting creatures that follow around like helpless puppies not knowing what they do. These creatures are so stupid you can get them to destroy the very things that protect and help them. Making women and men look like an idiot in everything they do. It is an easy way to destroy a country by manipulating the genders being born, into mental inequity. Lesser minds are controlled by those that know and those that don't know. I personally do not care what system is created as long as it adheres to simple laws and punishes them accordingly. This mental architecture of manipulation goes into deeper roots and stems into others interest groups such as propaganda and indoctrination as other useful tools for mental coercion. The Ten Commandments are a simple rule. Do not kill, do not steal, do not lie. Then additional ones are master your mind and love you as I have loved you, few more unlisted here though. If you really loved and understood (doubling meaning the Black’s law dictionary) each other none of this would happen. Yet superior mindset and shadow is enveloped over the minds of many, blocking the conscience grid from evolving into a stable platform because of its controlled factors. If nothing was ever written tell me of your system, tell me who is most high? Tell me what prophecy would come true, tell me who is immoral, tell me what ego you have without words. If nothing existed as before and nothing persists then what are the truths in front of us but the exploration and study of nature itself. In this we control evolution because we understand the mind and in this you will not inherit heaven for you do not understand nature because you do not listen. The current system is to be purged. Not because of evil or good because of the lack of understanding, and self control of the mindset; Danger to the grid as a whole.

      Idea or non-entity has no value on life, therefore it is all destructive if not of awareness attuned to the blocks that move and consume which is the sole identity be an entity or acting-idea or face of an individual, corporate name is a fancy way of shuffling off responsibility with no accountability. It is called auto pilot destruction for profits. A strange malformed disease that situates itself in the hippocampus. All entities that parade around a facade of good, without the penalty to being aware of its actions are duly creating chaos and destruction of all things to the nature of consumption and neglect of need. In doing so creates fabricated illusion of power and a society of tyranny( structured of poverty and wealth essential) negating a true society based on knowledge and the immaterial. In this pretence all businesses created regardless of how good are an enemy to any society wishing to removes its chains and have freedom to expand their conscience mind. Submissive weasels of cattle believe such nonsense to a point of complete neglect of morality to such a substance ie money that openly changes the conscience mind. Do not eat from the tree of good and evil but adhere to simple laws that were given, to live without chaos, or war but of mindfulness.

      http://www.youtube.com/watch?v=ucawazomgGA&feature=fvwrel

      Like these things that popup silly racial antics of superiority put into the mind of a fractured insecure little man, of their actions weigh heavily on good people just trying to make a living that used to actually follow god’s word; when one takes the labours and works of others aggressively.

      There is an infinite amount of systems that can be created. Currently evil plan is to scrub the monotheistic and western religions from the Earth. Funny what happens when you share knowledge of nature with other nations and it gives the falsehood of power through the knowledge taken by others, such as. Eighty thousand plus hacks and growing a year are done against the US from china every year. To this America will most likely either exterminate China or destroy it if it does not forgive its debt, simply because its stealing knowledge and is an almost unforgivable act and it is noted as an act of war. Whereas the act of borrowing is not as it is in good honesty, but if you dare to steal, what one had done honestly in front of you behind the scenes; then do not talk about the plank in Americas eye for your speck is so filled with timber you(China) have meaningless words as a nation until you remove them all from your eye. Like wise to any nation to judge each other based on morality, speak not of each other until one can cure their own blindness, then maybe one can see and heal another.

      I doubt anyone would understand this because the world is asleep. The world forgets about books... forgets to read, forgets to learn.

      If you want to know what I think about this tiny minded article about corporations, you must expand your awareness that it is not about these entities. I know nothing... I only watch this idiocy and know I cannot partake in a world of mindless morons scathing about. Yet like some disease they do not hold back to take ones words and apply them. Strange indeed.

      No I don't not live on this Earth or world for, it should all be destroyed and remade again. Perhaps intelligent beings can evolve from this planet with notion of conscience for each other and the apt ability to study nature. Oh wait these were old laws given... Listen if you know truth and are a pillar you can twist words and reveal liars. Then I am nothing and I know nothing so don't read or listen to my words that have no sense to anything.

      • 1 vote
      #10.2 - Sun Sep 4, 2011 7:16 PM EDT
      Avalon5Deleted
      owlsview

      Very impressive Artemirr. Try to be just a little more concise next time. Many will not follow that all of the way through.

      • 3 votes
      #10.4 - Sun Sep 4, 2011 8:12 PM EDT
      Avalon5Deleted
      Reply
      John-614398

      I'd be interested to know what corporations you see as being the most destructive to a more prosperous way of life for the regular citizen.

      • 1 vote
      Reply#11 - Sun Sep 4, 2011 5:55 PM EDT
      Avalon5Deleted
      AmericanMOM-598098

      AT&T (controls most forms of communications); Koch Industries (massive chemical waste into the air and the corporate farms have destroyed private farming); Monsanto (same as Koch Ind.); British Patroleum; Halliburton; Pfizer; Merk; GE; McDonalds...

      • 3 votes
      #11.2 - Sun Sep 4, 2011 6:31 PM EDT
      Avalon5Deleted
      owlsview

      My first response would have also been the pharmaceuticals. The researchers and scientists do the work, refine the processes and make production viable. Some might be lucky enough to make fifty grand a year. These are "American" companies owned by corporations who when they release these American developed and produced products, charge the American user more than any other in the world. Often times to make an even bigger profit, they shift production off shore to cut labor expenses.

      Recent news has informed us that shortages of some vital medicines are developing due to cutbacks in production because they are no longer marquee drugs, the profit line has flattened. So what if many have become dependent on these medicines for their very existence. I certainly do not see how these type of actions are beneficial to the American economy.

      • 4 votes
      #11.4 - Sun Sep 4, 2011 8:26 PM EDT
      John-614398

      .

      Ok I see that. I see Big Pharma as your money or your life and the same for most medical services.

      I actually see the copay for medicines as about what they should cost and all the rest as just gross amounts money in the pocket of big Pharma. But I don't see corporations as the enemy. I see unethical and dishonest people running them as the problem.

      • 2 votes
      #11.5 - Sun Sep 4, 2011 8:41 PM EDT
      owlsview

      In that case, we are in agreement. The people I described in my article are the same as the ones you describe. The immorality exists in the fact that these people are shielded from the responsibility of their actions as people.

      • 2 votes
      #11.6 - Sun Sep 4, 2011 9:03 PM EDT
      John-614398

      I doubt that we agree on a lot of things because I don't think that corporations and bad for the world. They cause things to happen that individuals could never do on their own. So big isn't necessarily bad.

      • 1 vote
      #11.7 - Sun Sep 4, 2011 9:44 PM EDT
      owlsview

      It may take longer, but people can make things happen without the aide of corporations, in fact eliminate the corporate need for profit and perhaps more amazing things will begin to happen.

      • 1 vote
      #11.8 - Sun Sep 4, 2011 9:55 PM EDT
      John-614398

      What about the individual need for profit? Is that profit different? Most corporations pay taxes and then the recipient of the dividends pays income taxes on the profit again. Corporations also pay property tax, sales tax, sociall security tax, road tax and on and on.

      • 1 vote
      #11.9 - Sun Sep 4, 2011 10:10 PM EDT
      owlsview

      What you say is true, but it is also true that corporations receive the largest number of deferments and write offs. Another interesting bit of news this week is that many CEOs are making larger salaries than the corporations they lead had pay in taxes.

      • 2 votes
      #11.10 - Sun Sep 4, 2011 10:16 PM EDT
      John-614398

      Well even an individual who owns and operates a farm for example has a tax service that helps him maximise his income by taking advantage of the same tax laws that corporations take advantage of. They are just smaller and you don't have access to their tax records. Corporations just do in on a larger scale in one place so it's easier to put a target on them than 5000 farmers or hardware store owners.

      • 1 vote
      #11.11 - Sun Sep 4, 2011 10:28 PM EDT
      owlsview

      Those individual farmers and hardware store owners are nearing extinction. Through corporate manipulation of the market place and manipulation of regulations and taxes by the government, they are being hunted down and eradicated like sheep in a wolf sanctuary.

      • 1 vote
      #11.12 - Mon Sep 5, 2011 12:18 PM EDT
      Reply
      1devon

      As a small business owner and a liberal capitalist : 0 ), I completely agree!

      • 2 votes
      Reply#12 - Sun Sep 4, 2011 6:59 PM EDT
      tax211hurts

      Not much incentive for family owned/operated businesses either.

      New ones may survive a couple of generations.

      The larger/older ones all get cut down eventually.

      Don't forget.

      Tax 211 is still on their books.

      In case you are wondering, it's known as The Death Tax.

      • 3 votes
      Reply#13 - Sun Sep 4, 2011 8:41 PM EDT
      jodell-498689

      That is exactly the problem. Every corporation or mom/pop small business owner that files taxes or schedule C has a radar on them. To assume small business owners are little and no one pays attention to them is wrong. Try missing a 1/4rly installment and you'll see what I mean. A small business will never be allowed the level of tax deductions or employment incentives that a corporation gets. They pay out a percentage of what they receive along with their overhead. A majority of the time that will take at least 60% of what they bring in...depending on their payroll or replacement of broken equipment it could be more. Sometimes your employes will have a check and you won't. Our real problem is the misconception that small business is $5 million bottom dollar income. Maybe someone would like to have a nice income and employ just a few people and are not seeking the bigger headaches of a large corporation. It is called self-employment. The way the system is set up, due to the fact they are not large enough, it is a 50/50 gamble on survival. When did the american dream become about owning a large corporation instead of "making a good living". I never opened my business with the thought of becoming rich. I just wanted to work doing what I love to do.

      • 2 votes
      #13.1 - Mon Sep 5, 2011 12:33 AM EDT
      Reply
      lovemyplanet-400560

      owlsview.

      an empire created out of the melding together of independent businesses, many of which had previously been competitors.

      Isn't that the definition of a "cartel"? According to "The Creature from Jekyll Island" -

      "A cartel is a group of independent businesses which join together to coordinate the production, pricing, or marketing of their members. The purpose of a cartel is to reduce competition and thereby increase profitability. This is accomplished through a shared monopoly over their industry which forces the public to pay higher prices for their goods or services than would be otherwise required under free-enterprise competition."

      It's how the Federal Reserve was founded...the joining of the (American) Morgan group and the Rockefeller group, (European) the Rothschild group and the Warburg group with Kuhn-Loeb. Also from the CFJI,

      Under our system of issuing and distributing corporate securities the investing public does not buy directly from the corporation. The securities travel from the issuing house through middlemen to the investor. It is only the great banks or bankers with access to the mainsprings of the concentrated resources made up of other people's money, in the banks, trust companies, and live insurance companies and with control of the machinery for creating markets and distributing securities, who have had the power to underwrite or guarantee the sale of large-scale security issues. The men who through their control over the funds of our railroad and industrial companies are able to direct where such funds shall be kept, and thus to create these great reservoirs of the people's money are the ones who are in a position to tap those reservoirs for the ventures on which they are interested and to prevent their being tapped for purposes which they do not approve...

      ...into these reservoirs of money and credit there flow a large part of the reserves of the banks of the country, that they are also the agents and correspondents of the out-of-town banks in the loaning of their surplus funds in the only public money market of the country, and that a small group of men and their partners and associates have now further strengthened their hold upon the resources of these institutions by acquiring large stock holdings therein, by representation of their boards and through valuable patronage, we begin to realize something of the extent to which this practical and effective domination and control over our greatest financial, railroad and industrial corporations has developed, largely within the past five years, and that it is fraught with peril to the welfare of the country."

      Documentary of History of Currency and Banking in the United states, Vol. III "Final Report from the Pujo Committee, February 28, 1913"

      I don't think it is the "corporations" so much as it is the Federal Reserve and the multinational corporations its owners control. The Federal Reserve is the head of the octopus.

      Sorry for the long post...

      • 3 votes
      Reply#14 - Sun Sep 4, 2011 8:59 PM EDT
      owlsview

      Apologies for extended wind-age not necessary, when you surpass me for lengthy expenditures of the written word, I might say something. You said it your way, that's good enough for me.

      Cartel, guild, faction, empire, the words are spelled differently but when applied to the world of political economics they all boil down to the same definition -- power and wealth.

      Indeed the Federal Reserve may be described as the head of the octopus, an octopus that is squeezing us into submission with it's many arms and draining away our lifeblood with its numerous suckers.

      Sunday evening, nothing wrong with a little poetic excess is there?

      • 3 votes
      Reply#15 - Sun Sep 4, 2011 9:13 PM EDT
      lovemyplanet-400560

      I read (somewhere!) that when this country was formed, corporations were granted charter by the government for only a limited amount of time and only if they could show that they were of some use to the public. Honestly, I don't know where I read that information, it was several years ago, but looking at what we have today vs. what the Founders left us I have to believe that they wouldn't like what they saw in today's America. You may know all this already but I found the following conversation while looking for the Founder's view a few moments ago:

      What the Founding Fathers Really Thought About Corporations

      It's a really interesting (and short) email exchange.

      • 2 votes
      #15.1 - Sun Sep 4, 2011 9:34 PM EDT
      owlsview

      That was indeed interesting.

      • 1 vote
      #15.2 - Sun Sep 4, 2011 9:58 PM EDT
      Reply
      Mister Joshua

      Um, the state creates corporations and usually enables them with anti-competitive regulations. So it logically follows that the government is the downfall of capitalism. I was rather hoping people would begin to figure that out.

      • 2 votes
      Reply#16 - Sun Sep 4, 2011 9:13 PM EDT
      owlsview

      In a round-about yet logical way you are right Joshua. Ii is the word "usually" and the rest of that sentence that focus's on another necessary change in the way government conducts itself.

      • 2 votes
      #16.1 - Sun Sep 4, 2011 9:18 PM EDT
      Avalon5Deleted
      Reply
      yeagerdog

      Corporations now exist for the purpose of allowing the controllers to commit crimes with impunity.

      • 2 votes
      Reply#17 - Sun Sep 4, 2011 9:57 PM EDT
      owlsview

      Sorry folks, I have to sign off for now. Please continue, I promise to review all your opinions when I return in the morning.

      Tomorrow is liable to be just as boring as today was for some of us. Thanks for your participation.

      • 2 votes
      Reply#18 - Sun Sep 4, 2011 10:19 PM EDT
      Bubba-939441

      You think unemployment is bad now. If we eliminate corporations what will the unemployment rate be? Will we all work for government?

      • 2 votes
      Reply#19 - Sun Sep 4, 2011 10:51 PM EDT
      owlsview

      A justifiable concern Bubba. When a corporation goes bankrupt or dissolves, what happens to it's assets, all those separate companies that made up the corporation? Usually they get sold or auctioned off. For the most part to other corporations. As more corporations find themselves downsizing, more of these businesses and factories will return to the non-corporate sector. Ma and Pa will be back in business.

      One of the reason Ma and Pa got run out of business in the first place, is because they aren't in business to get filthy rich. They want to be comfortable and secure, provide for their family. Be a part of the community.To be able to provide jobs and opportunities for others is a major motivation for many private businessmen. Greed is a detrimental cancer that feeds off of Capitalism, not a necessary ingredient for it's success.

      One of my best days as a human being was when a young man, newly married and expecting his first child came to me for employment and I was able to give him a job.

      • 2 votes
      Reply#20 - Mon Sep 5, 2011 12:36 PM EDT
      owlsview

      Finally, got to the bottom. Think I got smoke coming out of my ears from all of the thinking you guys are making me do.

      Time for a short pause. If you are tired of this topic, make a suggestion. I have three reference windows open, and have opinions on just about everything.

      • 2 votes
      Reply#21 - Mon Sep 5, 2011 12:39 PM EDT
      network-gal

      This reminds me of a post by TRQ-Thanks! I'll bet Lincoln is rolling over after the SCOTUS decisions that they(corporations) are now people...

      Texasrodeoqueen

      we are living this

      the racist stuff the hate and fear the $$$$$$$$$$$$$$$$$$$$ the corporations

      What Lincoln Foresaw:
      Corporations Being "Enthroned" After the Civil War
      and Re-Writing the Laws Defining Their Existence

      by Rick Crawford, crawford@cs.ucdavis.edu

      Here is a sobering quote by Abe Lincoln:

      "I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. . . . corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed."
      -- U.S. President Abraham Lincoln, Nov. 21, 1864
      (letter to Col. William F. Elkins)
      Ref: The Lincoln Encyclopedia, Archer H. Shaw (Macmillan, 1950, NY)

      • 2 votes
      Reply#22 - Mon Sep 5, 2011 1:07 PM EDT
      owlsview

      Ouch! We were warned that long ago. His fears are in the process of being realized this very day. Allowing corporations to continue doing as they please, actually encouraging them to do so with bailouts and stimulus packages is plain looney.

      • 4 votes
      #22.1 - Mon Sep 5, 2011 1:51 PM EDT
      network-gal

      He was very wise to know the dangers...

      • 1 vote
      #22.2 - Mon Sep 5, 2011 10:10 PM EDT
      owlsview

      Early reports have it that the President's plan is mostly tax cut extensions and more stimulus for business. In other words, the same old talking points will be revisited and another temporary band aid will be applied. Hope enough of us realize the dangers of continuing such actions and put a stop to it.

      • 3 votes
      #22.3 - Mon Sep 5, 2011 10:22 PM EDT
      Reply
      jodell-498689

      Another thought about corporations is this: most large corporations are actually 3 or more business's in one. They may have several different business's under one corporate title. That being said, if a certain one of their business's begin to fail, they can file for bankruptcy protection for that business and turn around the next day and open up under a new corporate name. The assets of only one company will be placed on hold during the bankruptcy litigation. Some knowing full well they are going to file bankruptcy change merge certain assets to one of their other companyies as a "sale". The lawyers who handle bankruptcy cases go in first and put a lein on the assets in order to receive payment first leaving most vendors and all former employees that are owed monies to fight for what little is left. Ideally the loss is passed on to the tax payer by interest rates and unemployment compensation. So the protection to corporations is really a no loose situation. They screw up..we will pay for it. Until they are held accountable and released from protection nothing will change. Maybe some form of money counseling program for corporations would be better than allowing bankruptcy. Then the money they owe would all be paid back even if it is slow. Its a win win. Some compensation is better than none!

        Reply#23 - Mon Sep 5, 2011 5:50 PM EDT
        owlsview

        Sounds to me like more laws to change and loopholes to close. Liability and taxes have a lot in common, the more money you have the easier it is to avoid them.

        • 3 votes
        #23.1 - Mon Sep 5, 2011 8:43 PM EDT
        jodell-498689

        A good example is "Donald Trump". Look how many times this man hid behind bankruptcy laws (4) and to the tunes of how many million. You can bet had he been held accountable the first time it would have been much different I am sure. Did it stop him from opening another business or from any new ventures? No. The american people are held accountable by foreclosure, seized bank accounts, reposession, courts and judgments. Even if the average person files bankruptcy their tax returns are seized, if they short sale a house they are 1099 the difference at the end of the year. My thoughts are..what is good for the goose is good for the gander. The liable money amount involved in white collar crime is well past the liability of any of our social programs. Its just most is unreported.

        • 1 vote
        #23.2 - Mon Sep 5, 2011 11:35 PM EDT
        Reply
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