The recent economic downturn has forced our government into a more prominent role setting the economic pace of our country. This worries some people because they don’t believe the government should play such a role. Government, to many, doesn’t possess the requisite attributes to manage or exchange land, labor and capital to produce wealth. It is their belief that this is best left in the hands of the private sector, a group of organizations not affiliated with government.
The private sector in the United States is largely comprised of corporations, both public and private, and employs the vast majority of those employed. Corporations by definition have limited liability for their actions and may exercise their “human rights” against individuals or the state.
Yes, corporations have rights just like you. They are eligible for the same basic freedoms and liberties of a natural person such as freedom of speech. Corporations can hold the state or individuals liable for violations of its rights and conversely, it can be held liable by the state and individuals. The challenge here, however, is that corporations are fundamentally driven by singular bottom line–PROFIT. And more importantly, the corporation is legally separate from those that make decisions about the corporation’s actions.
Obviously, corporations provide some goods and services to us at a level of efficiency that makes our lives better. However, corporations have no responsibility for the PUBLIC GOOD. It’s the epitomy of the saying, “Buyer beware.” This, in many instances, is where the government steps in to protect the interests of it’s constituents.
It is conceivable that at some point in the near future, most basic components of survival will be controlled by corporations. They already got the water is some countries. Your air could be next…buyer beware!
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My friend, Hosie, is one of my greatest weight loss inspirations. I just
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