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Maybe Corporations are a Mistake?

· 185 words · 1 minutes to read
Tags: reflection

This succinctly summarizes my worry about the Corporation as an entity without the ability to have the best interest of society as a factor in its constitution.

The folly at the root of this foolish economy began with the idea that a corporation should be regarded, legally, as ‘a person’. But the limitless destructiveness of this economy comes about precisely because a corporation is not a person. A corporation, essentially, is a pile of money to which a number of persons have sold their moral allegiance. Unlike a person, a corporation does not age. It does not arrive, as most persons finally do, at a realization of the shortness and smallness of human lives; it does not come to see the future as the lifetime of the children and grandchildren of anybody in particular. It can experience no personal hope or remorse, no change of heart. It cannot humble itself. It goes about its business as if it were immortal, with the single purpose of becoming a bigger pile of money.

Wendell Berry / The Total Economy (2000) The World-Ending Fire: The Essential Wendell Berry