New Civilization News - Category: Economics, Financing, Banking    
 Abolish Corporations9 comments
picture 25 Dec 2002 @ 03:26, by ming. Economics, Financing, Banking
The biggest obstacle blocking the emergence of a free and peaceful world is in my opinion the legal concept of a corporation. It is, in principle, very easily removed, as it is only a legal fiction in the first place, and not any naturally occuring 'god-given' phenomenon or right. Corporations only exist because there are laws saying that they can. In practice it will be very hard to change, exactly because the current corporations can put vast resources to use in protecting and expanding their own power.

People should certainly be able to organize themselves and operate as a group or organization. But a corporation is something else. A corporation is allowed the rights of a natural person. However, it has responsibilities and liabilities less than a natural person. And it can live eternally.

These things can be useful and sensible when it is a small group of people who are trying to operate a business activity together. The initial people don't have to be too worried about being personally liable for the potential failure of the business, and the business can open a bank account for itself, and it can be continued even if the original participants drop out for some reason.

But when it grows bigger, there are certain key design features that start to become prevalent. A corporation is controlled by very few people, but the fuel is provided by a great many people, in the form of investments and manpower.

A large corporation might have the will of one person, carrying out one person's plans, and it has the legal right to act in most arenas as one legal person, but it might have the manpower of 100,000 people, and available resources bigger than those of a small country. All in the hands of a handful of people who don't have any personal liability for what the corporation does.

It is very difficult to successfully convey what a horribly bad idea that is. Most of us are so used to the idea of corporations, and most of us have bought the propaganda that they're inextricably linked to free markets. Nothing could be further from the truth. Large multi-national corporations are the anti-thesis of free markets. They are the communist revolution you never even noticed happening.  More >

 Author Search : Map that changed the world with
15 Jul 2002 @ 00:57, by wcbn007. Economics, Financing, Banking
TITLE: Organised Absurdities : talk to author of forthcoming book previewed at

Ever felt really cheated by a company as customer, employee, shareholder, social neighbour, business partner. Please chat with me at as co-author about your story on or off the record And what about the conspiracy of ineptitude between corporates and governments – any stories or what ifs?
To take a serious example: why cannot governments and pharmaceutical companies organise the process for breakthrough drugs and life threatening disease better. Couldn’t governments of the world make a collective bid price known for solutions to life threatening diseases of different immensities? We give you X billion if you solve that and then produce the pills at cost, and we the governments of the world will decide which taxpayers contribute what share to this advance for humanity? For sure there are some political debates to be moderated there between how much to pay for different global cures but the internet is a good place to poll a concerned public…
Goodness gracious: we people are living through more organised absurdities than should be necessary in a world which is supposed to be living in a knowledgeable age. Tell us your stories and let’s see which important ones for humanity we can help publicise through book or web manifestos or other creative means

__________________________________ Further musings of a co-author
When you're a co-author of a mapping fieldbook like ours, you feel that there are so many people from different perspectives you need to interview so that their insights are connecting features of the map. Yet the catch 22 is : you don't always know how to discover all the people until after you've started conversations with them! So here are a few musings where we've tried to explain further by email who we are most looking to interview. Do please discuss ideas with us in case your perspective might be the biggest one we're in danger of missing...Chris Macrae, co-author The Map that Changed the World, Publisher : Wiley 2003
We're looking for people who enjoy relentlessly searching for links into best practices both within their area of expertise and connecting it across to others whilst also openly proposing any favourite frames which they like to engage people in
We're looking for people who can through experience or deep concern testify on behalf of a stakeholder segment who seem to be systematically under-represnted in terms of what they would value from organisations or where a clear organisational promise was broken and a basic human trust lost from which other companies should learn not to make the same mistake

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