(Preface – I would like to see “business ethics” no longer be an oxymoron. The day needs to come (and it IS coming) when the legal rights of a single person are greater than that of a corporation. Modern-day court decisions have given corporations all the rights of a person with little of the legal or moral responsibility.
This unwarranted legal interpretation has been used to its fullest extent over the past two centuries. It has enabled the modern corporation to become the most powerful legal form of wealth transfer in human history. They are perfect mechanisms for doing so, because even though they are often traded “publicly”, they have clearly evolved over time to benefit the few at the expense of the many – always able to hide behind ‘personhood’ or by providing lip service about ‘giving back’ while extracting as much as possible from the communities and countries … Read More