Corporations are not a free market phenomenon. They are a creation of THE STATE. Indeed, their very existence depends upon THE STATE, i.e. THE GOVERNMENT.I have always felt that big is bad. Big government is bad and big corporations are bad. Both are a device to centralize power. What we have at present is the melding of big government with big corporations. The complete centeralization of power. There is a word for that, it's called Fascism.
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Corporations are a creation of social policy by the state. They are not a free market phenomenon. Their very existence depends upon THE GOVERNMENT to create and, most importantly, to sustain them. They are, in short, an illustration of social policy by the government.
I temporarily reopened Middle Earth Journal when Newshoggers shut it's doors but I was invited to Participate at The Moderate Voice so Middle Earth Journal is once again in hiatus.
Tuesday, March 22, 2005
The myth of corporations
Dean Esmay has an interesting post on the myth of "Corporations" and how they are not a free market phenomenon.
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