[P2P-F] Fwd: "corporate person"

Wed Nov 23 15:24:38 CET 2011

I don't think it takes rocket science to see what makes corporations
successfull,

they aim to maximise profit at any cost, by ignoring social and
environmental externalities; negative ones, by not paying for their cost;
positive ones, by not paying for getting it; this ability attracks large
amounts of capital to outcompete other forms, and allows them to capture
the state, to maintain their advantage, and increasing these natural
advantages by legal ones creating artificial benefits.

so, you force them to accept externalities, but, if you keep their core DNA
intact, they'll always strive to go around such restrictions, thereby
necessating constant outside force; so, much better is to change the DNA
and not make them profit maximizers

apart from this critique as to its effects, what about the equity of the
form; is it equitable that the value creators, i.e. workers and
enterpreneurs, do not own the means to produce value, and have to sell
their labour, to those who do,

this also argues for changes into their property DNA, i.e. argues for
cooperative forms which do not disown the value creators,

Michel

On Wed, Nov 16, 2011 at 10:37 PM, Patrick Anderson <agnucius at gmail.com>wrote:

> Michel Bauwens wrote:
> > CORPORATIONS ain't the right form 4 this
>
> I don't think the question is fully concluded.
>
> Since corporations are the dominant form, they must have some
> mechanism that gives them an advantage over all other forms.
>
> And maybe we can determine which parts of the corporate form cause it
> to work against us.
>
> If we could separate the parts that give corporations such strength
> from the parts that cause us such trouble, then maybe we could make a
> hybrid form that is just as successful, but is also "on our side".
>
> Isn't that what "Social Enterprise" intends?
>
> Once we figure-out what makes corporations 'bad', then we can create
> new corporations constrained by a self-inflicted, legally-binding
> Social Contract to stop them from going awry while being able to stand
> on their own without charity.
>
> Does that proposal sound realistic?
>
> Thanks,
> Patrick Anderson
> http://ImputedProduction.BlogSpot.com
>
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