"Corporation" is a status granted by the state?

Anibal Scheid: The "state" is a capitalist state whose elected representatives were placed in power by the leading capitalist entities. Those entities are in a constant pursuit for more profits and that means less regulation. However, as we have recently experienced with the global economic meltdown, lack of sufficient regulation eventually results in a horrific catastrophe for the entire capitalist system. As such, the capitalists, through liberalism and conservatism, fight a constant battle attempting to overcome one of the inherent contradictions of a failing capitalist system.The second stage of the global capitalist crisisWorld Socialist Web Sitehttp://www.wsws.org/articles/2010/apr2010/bnrt-a12......Show more

Evelin Turlich: "Corporation" is a status granted by the state?''Corporation' is not a status, it is legal definition for a different business formulation invented in the 19th century. There are three essentially different business formulations the state! of Canada and the USA recognize: 1) single proprietorship (one owner) 2) partnerships or shared ownership between two or more owners and 3) corporation or incorporation, the business or company is given rights similar to that of a person or citizen, thereby having the power of ownership of a distinct and belonging to a distinct corporate identity separate from the members in that corporation. If you have a minimum of three people, about 300 dollars and a constitution, you can run a corporation.'So why is it that people who rail against corporations think that MORE regulations are the answer?'they only think 'more regulations'? or do they have specific propositions in mind. 'Doesn't it seem like a doctor prescribing cigarettes to lung cancer patients?' I don't see how. 'A business applying for corporate status must go through the state essentially for the state granted right to not be in direct competition with every other business.'? Who said that.'Further more is it not ! the corporations that stick closest to the state that get away! with the most crimes? Wall Street, Monsanto, Becktel, the federal Reserve, military contractors etc. all practically government institutions with a private sector label "corporation". 'You are either contracted to serve the state or you are not. What does 'stick to the state' mean, especially wondrous in a democracy that changes apparent ideology ever term or so.'How do left leaning people resolve this apparent contradiction in answering a problem of too much regulation with even more regulation?'It is only an apparent contradiction if you do not enter facts to describe what you are talking about. It is not the quantity, it is the quality of its comprehension....Show more

Stephnie Patout: df

Debora Soliani: LMAO! You're SO right. Lesser regulated corporations never cause ANY problems. LOL!