lunes, 25 de octubre de 2010

Corporations

for this topic the teacher asked us to answer some question according to corporations.

1)Should corporations be entitled to the same legal right as individuals? where should the line be draw?

A/ i think that corporations in this era are getting more power than they should and in a way they need to be treated different because in many times corporations are even bigger than countries not only in size (workers) but in terms of profits, they are becoming little countries with few people controlling them, so there is a need for the countries to controll there power in other means such as restrictions of investment, another law to judge them, so the state have more means to controll what they do in the countries.

2)how can we ensure corporations are held accountable for their actions?

A/ The companies needs to be judge by their actions and the state need to have more restriction and control of them, beacuse in many case corporations are avoiding their responsabilities and are disguising their actions and blinding the people of the true. Companies are getting and asymetric power over the states.
there is now more need to judge with careful the corporations and we should see over the veil of their intentions.

3)Should individuals (directors, employees, shareholders) bear any responsability for the actions of a corporation? if so, to what degree.

A/ everybody is guilty, any director or employee that see when a corporation abused over the people, over a country, even the shareholders should acknowledge that the money they are getting could be tainted of a bad action of a corporation and the explotation of some people, of course i know that the directors or CEO have more responsability because they are the ones that set the principles, actions and vision of the enterprise and also the ones taht make the decision, so yes they should have full responsability because they are not only employees they are also people that should response to their actions.

4) What are the benefits of the corporate form? could an alternative model offer these as well?

A/The corporation are legal entities, that feed of the capitalism form, because of their private ownership, and they can develop their own economic activity to get profits and can became global and depending of their activity could be in almost anywhere ( many activities are only for public sectors), i think that a now there are not alternativev models, and because of the system in which most of the countries are working, this model of corporation could not be change, they are the way in which countries and barriers dissapear to form other organizations within the corporations.

here is a video in which we can  if we doesn't talk the language of the "corporations" or economy in the world, we are frame as people against the system, other thing that show us that there is not alternative model for corporations.
http://www.youtube.com/watch?v=sYmOMRNC62o&feature=related

Bibliography:
Big Picture Media Corporation (Producer) & Achbar, M. Abbott, J. (Directors) (2003) “The Corporation” USA

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