BurnZero
Corporation: Difference between revisions

Corporation: Difference between revisions

From BurnZero
mNo edit summary
mNo edit summary
 
(17 intermediate revisions by the same user not shown)
Line 1: Line 1:
[[File:Corporation definition.png|alt=Corporation definition|thumb|'''Figure 1'''. Corporations are legally people!<ref name=":0" /><ref name=":1" />]]
[[File:Corporation definition.png|alt=Corporation definition|thumb|'''Figure 1'''. Corporations are legally people!<ref name=":0" /><ref name=":1">'''Santa Clara County v. Southern Pacific''', U.S. Supreme Court (1886): 118 U.S. 394. Decided: May 9, 1886. Accessed 6<sup>th</sup> Jan 2022 via https://supreme.justia.com/cases/federal/us/118/394/</ref>]]
'''A traditional corporate entity is a collective joined together by articles of incorporation in pursuit of profit.''' Although it may be comprised of individual parts such as directors, officers, and shareholders, a corporation is a legal entity in and of itself. This was determined by ''Santa Clara County vs Southern Pacific Railway'' in the US Supreme court in 1886<ref name=":1">'''Santa Clara County v. Southern Pacific''', U.S. Supreme Court (1886): 118 U.S. 394. Decided: May 9, 1886. Accessed 6<sup>th</sup> Jan 2022 via https://supreme.justia.com/cases/federal/us/118/394/</ref>. In essence, this case was a dispute over a railway route in the US and determined whether the Supreme Court identified a private corporation as a “'''''natural person'''''” under the U.S. Constitution and therefore entitled to protection under the Bill of Rights.
'''A traditional corporation, although comprised of individual parts such as directors, officers, and shareholders is legally recognized as a single "''natural person''".''' As such it is entitled the same protection as any other human protected by the US Bill of Rights<ref name=":1" /> with one notable exception: a corporation cannot be imprisoned.
==Behaviour==
==Behaviour==
[[File:Corporate ownership.jpg|alt=Corporate ownership|thumb|'''Figure 2'''. Corporate [[oligopolies]] sell us our food.]]The prime driver of all corporate entities is self survival. The second, is their [[Fiduciary Duty|fiduciary duty]] to pursue revenue for the financial gain of employees and shareholders. These paramount, binding principles gives corporations a [[Machines|machine]] like quality which if it was a REAL person would meet the diagnostic criteria for [[psychopath|psychopathy]]<ref name=":0">'''The Corporation: The Pathological Pursuit of Profit and Power'''. Bakan, Joel, New York: Free Press, 2004. [https://thecorporation.com/film/book https://thecorporation.com/]</ref>. These general traits of corporations are compounded by the fact that people with narcissistic traits tend to get promoted 39% faster in their progression to CEO<ref>'''The perks of narcissism: Behaving like a star speeds up career advancement to the CEO position'''. The Leadership Quarterly: Published June 2021, Accessed 28th September 2022 via https://doi.org/10.1016/j.leaqua.2020.101489</ref> resulting in at least three times as many psychopaths in executive or CEO roles than in the overall population<ref>'''Corporate Psychopathy: Talking the Walk'''. Paul Babiak, Ph.D.y, Craig S. Neumann, Ph.D.z and Robert D. Hare, Ph.D. Behavioral Sciences and the Law. Behav. Sci. Law 28: 174–193 (2010). Published online 6 April 2010 in Wiley InterScience  DOI: 10.1002/bsl.925. Accessed on 28 September 2022 via https://www.sakkyndig.com/psykologi/artvit/babiak2010.pdf</ref>. Psychopathic behaviour is bad, for everyone, as they only amount to 1% of the adult population, but are reported to be responsible for about 50 % of all serious crimes and constitute 20% of (North American) prison populations<ref>'''''Without conscience: The disturbing word of the psychopaths among us''.''' Hare, R. (1999). New York: Guildford Press. https://www.google.com/books/edition/_/xfIEVtzj52YC?hl=en</ref>.[[File:Corporate owners-media.png|alt=Corporates oligopolies own our media.|thumb|'''Figure 3.''' Corporates [[oligopolies]] own our media.]]As we live in a type of [[corporatocracy]], where corporates are the dominant organisational form on earth as they sell us most stuff (see '''Figure 1''' and '''Figure 2''') this may seem depressing. However, a ray of hope is to remember corporations have only been around for 0.16% of the time since humans evolved are simply inert [[machines]]. Much like a gun, corporate behaviour is only defined by the intention defined in its foundational coding, its incorporation statement, which can be rewritten. Perhaps, if one can change the primary intention, we can change the effect. Could a series of hierarchical rules ([[Tenet|tenets]]) be written as a precursor to a legally binding [[Transparent incorporation statement|incorporation statement]] lead to a creation of a machine which does ''[[Relativity of ethics|good]]?''
[[File:Corporate ownership.jpg|alt=Corporate ownership|thumb|'''Figure 2'''. Corporate [[oligopolies]] feed us.]]The prime driver of corporate entities is self-survival, the second, is their [[Fiduciary Duty|fiduciary duty]] to pursue revenue for the financial gain of employees and shareholders. These paramount, binding principles give corporations a [[Machines|machine]] like quality which if it was a ''natural'' person<ref name=":1" /> would meet the diagnostic criteria for [[psychopath|psychopathy]]<ref name=":0">'''The Corporation: The Pathological Pursuit of Profit and Power'''. Bakan, Joel, New York: Free Press, 2004. [https://thecorporation.com/film/book https://thecorporation.com/]</ref>. These general traits of corporations are compounded by the fact that people with narcissistic traits tend to get promoted 39% faster in their progression to CEO<ref>'''The perks of narcissism: Behaving like a star speeds up career advancement to the CEO position'''. The Leadership Quarterly: Published June 2021, Accessed 28th September 2022 via https://doi.org/10.1016/j.leaqua.2020.101489</ref> resulting in at least three times as many psychopaths in executive or CEO roles than in the overall population<ref>'''Corporate Psychopathy: Talking the Walk'''. Paul Babiak, Ph.D.y, Craig S. Neumann, Ph.D.z and Robert D. Hare, Ph.D. Behavioral Sciences and the Law. Behav. Sci. Law 28: 174–193 (2010). Published online 6 April 2010 in Wiley InterScience  DOI: 10.1002/bsl.925. Accessed on 28 September 2022 via https://www.sakkyndig.com/psykologi/artvit/babiak2010.pdf</ref>.  


==== Corporate Take Over ====
=== ''Why is that so bad? They get the job done after all!'' ===
Many new business have started with the idea of changing the status quo, however more often than not as they grow, mounting financial pressures require the further pursuit of profit often sacrificing ethical concerns. One recent example of this is the Sea Shepherd organisation. Sea Shepherd started as a renegade navy (''pirates?'') which aimed to illegally sink Japanese whaling ships in the name of sea ecology conservation. The organisation grew from one ship to over 20 and to manage this incorporated in the US. However, once a board was established their previous actions were deemed too renegade and as a consequence pushed out their founding member Captain Paul Watson. Sea Shepherd then changed its remit from renegade action towards training and education.
Psychopathic behaviour is bad, for everyone, as they only amount to 1% of the adult population but are reported to be responsible for about 50% of all serious crimes and constitute 20% of (North American) prison populations<ref>'''''Without conscience: The disturbing word of the psychopaths among us''.''' Hare, R. (1999). New York: Guildford Press. https://www.google.com/books/edition/_/xfIEVtzj52YC?hl=en</ref>. This will only get worse with the emergence of of A.I. as power will further centralise into the few who hold these traits.[[File:Corporate owners-media.png|alt=Corporates oligopolies own our media.|thumb|'''Figure 3.''' Corporates [[oligopolies]] write our media.]]


This example, alongside the more famous removals "Do No Evil" from Google's manifesto highlights how there is a creeping need in traditional organisations towards corporatism. To resolve this issue any initial Tenets need to be in read only format.  
=== Solutions ===
 
==== ''Past solutions?'' ====
[[File:Car manifacture oligopoly2.png|alt=Car manufacture oligopoly2|thumb|'''Figure 4'''. Corporate [[oligopolies]] make our cars.]]
Numerous startups are launched on the premise of challenging and transforming the existing norms and conventions. Yet, the reality of funding poses a challenge: a significant number of these new companies rely on venture capital investments, which are inherently driven by the pursuit of profit. This financial dependency can make it difficult for a company to prioritize anything over profit-making. Even in cases where ethical considerations are explicitly valued, such as Google's initial "''Don't Be Evil''" motto—which was notably dropped from its code of conduct in 2022<ref>'''Google quietly removes ‘don’t be evil’ preface from code of conduct'''. The Independent Newspaper UK - Anthony Cuthbertson, published on Monday 21 May 2018. Accessed on 29th Sept 2022 via: https://www.independent.co.uk/tech/google-dont-be-evil-code-conduct-removed-alphabet-a8361276.html</ref>—commercial interests often end up taking precedence over ethical ones.
 
==== Proposed solutions. ====
To resolve these issues, we need to step away from the traditional corporate structure and start again. One suggested solution is that an organisation is created which enacts [[Tenet|Tenets]] in a [[ROM|read only]] format from its inception and enforce their adoption with [[transparency]]. This is the basis of [[The Transparent Company]]...
====References====
====References====
<references />
<references />

Latest revision as of 23:52, 25 August 2024

Corporation definition
Figure 1. Corporations are legally people![1][2]

A traditional corporation, although comprised of individual parts such as directors, officers, and shareholders is legally recognized as a single "natural person". As such it is entitled the same protection as any other human protected by the US Bill of Rights[2] with one notable exception: a corporation cannot be imprisoned.

Behaviour

Corporate ownership
Figure 2. Corporate oligopolies feed us.

The prime driver of corporate entities is self-survival, the second, is their fiduciary duty to pursue revenue for the financial gain of employees and shareholders. These paramount, binding principles give corporations a machine like quality which if it was a natural person[2] would meet the diagnostic criteria for psychopathy[1]. These general traits of corporations are compounded by the fact that people with narcissistic traits tend to get promoted 39% faster in their progression to CEO[3] resulting in at least three times as many psychopaths in executive or CEO roles than in the overall population[4].

Why is that so bad? They get the job done after all!

Psychopathic behaviour is bad, for everyone, as they only amount to 1% of the adult population but are reported to be responsible for about 50% of all serious crimes and constitute 20% of (North American) prison populations[5]. This will only get worse with the emergence of of A.I. as power will further centralise into the few who hold these traits.

Corporates oligopolies own our media.
Figure 3. Corporates oligopolies write our media.

Solutions

Past solutions?

Car manufacture oligopoly2
Figure 4. Corporate oligopolies make our cars.

Numerous startups are launched on the premise of challenging and transforming the existing norms and conventions. Yet, the reality of funding poses a challenge: a significant number of these new companies rely on venture capital investments, which are inherently driven by the pursuit of profit. This financial dependency can make it difficult for a company to prioritize anything over profit-making. Even in cases where ethical considerations are explicitly valued, such as Google's initial "Don't Be Evil" motto—which was notably dropped from its code of conduct in 2022[6]—commercial interests often end up taking precedence over ethical ones.

Proposed solutions.

To resolve these issues, we need to step away from the traditional corporate structure and start again. One suggested solution is that an organisation is created which enacts Tenets in a read only format from its inception and enforce their adoption with transparency. This is the basis of The Transparent Company...

References

  1. ↑ 1.0 1.1 The Corporation: The Pathological Pursuit of Profit and Power. Bakan, Joel, New York: Free Press, 2004. https://thecorporation.com/
  2. ↑ 2.0 2.1 2.2 Santa Clara County v. Southern Pacific, U.S. Supreme Court (1886): 118 U.S. 394. Decided: May 9, 1886. Accessed 6th Jan 2022 via https://supreme.justia.com/cases/federal/us/118/394/
  3. ↑ The perks of narcissism: Behaving like a star speeds up career advancement to the CEO position. The Leadership Quarterly: Published June 2021, Accessed 28th September 2022 via https://doi.org/10.1016/j.leaqua.2020.101489
  4. ↑ Corporate Psychopathy: Talking the Walk. Paul Babiak, Ph.D.y, Craig S. Neumann, Ph.D.z and Robert D. Hare, Ph.D. Behavioral Sciences and the Law. Behav. Sci. Law 28: 174–193 (2010). Published online 6 April 2010 in Wiley InterScience  DOI: 10.1002/bsl.925. Accessed on 28 September 2022 via https://www.sakkyndig.com/psykologi/artvit/babiak2010.pdf
  5. ↑ Without conscience: The disturbing word of the psychopaths among us. Hare, R. (1999). New York: Guildford Press. https://www.google.com/books/edition/_/xfIEVtzj52YC?hl=en
  6. ↑ Google quietly removes ‘don’t be evil’ preface from code of conduct. The Independent Newspaper UK - Anthony Cuthbertson, published on Monday 21 May 2018. Accessed on 29th Sept 2022 via: https://www.independent.co.uk/tech/google-dont-be-evil-code-conduct-removed-alphabet-a8361276.html
Retrieved from "https://burnzero.com/index.php?title=Corporation&oldid=5779"

Share your opinion