The Corporation Reflection. Essay

631 words - 3 pages

A corporation is defined as an organization, containing a group of individuals working together to meet a number of objectives. These objectives can differ from company to company, but one main objective that all corporations have in common is making as much money as possible, which usually causes large or hidden harms. THE CORPORATION explores the nature and spectacular rise of the dominant institution of our time. Footage from pop culture, advertising, TV news, and corporate propaganda, illuminates the corporation's grip on our lives.In the mid-1800s the corporation emerged as a legal "person" and was originally chartered by the government in order to perform certain jobs to the community. Imbued with a "personality" of pure self-interest, the next 100 years saw the corporation's rise to dominance. The corporation created unprecedented wealth, but at what cost? The remorseless rationale of "externalities"-as Milton Friedman explains: the unintended consequences of a transaction between two parties on a third-is responsible for countless cases of illness, death, poverty, pollution, exploitation and lies. The operational principles of the corporation give it a highly anti-social "personality": It is self-interested, inherently amoral, callous and deceitful; it breaches social and legal standards to get its way; it does not suffer from guilt, yet it can mimic the human qualities of empathy, caring and altruism. Four case studies, drawn from a universe of corporate activity, clearly demonstrate harm to workers, human health, animals and the biosphere. Concluding this point-by-point analysis, a disturbing diagnosis is delivered: the institutional embodiment of laissez-faire capitalism fully meets the diagnostic criteria of a "psychopath."Although Corporations initially were created to provide cheap products and services to the public, now the Corporation exists to create wealth, and even world disasters can be profit centers. Carlton Brown, a commodities trader, recounts with unabashed honesty the mindset of gold traders...

Find Another Essay On The Corporation - Reflection.

Polarized Light Essay

863 words - 3 pages polarized. It is the electric vector, not the magnetic vector of a light wave that produces the effects of polarization, in stating that, we can say that the electric vector of a light wave can be identified as the light vector.Humans are unable to detect polarization, so The Polaroid Corporation invented polaroid sunglasses. These sunglasses enable the wearer to notice the light source that a rainbow is coming from. The naked eye cannot see this.One

International Strategic Management Essay

4496 words - 18 pages Introduction"For better or for worse, our company (News Corp) is a reflection of my thinking, my character, my values." -- Rupert Murdoch. That is exactly the philosophy of Rupert Murdoch - the owner and the chief executive of The News Corporation. However as a strategic management consultant contracted by News Corporation I will provide advice on the process of strategic formulation. I will apply the steps required for formulating the company's

Evaluation: Ethical Perspectives on Social Responsibility

1249 words - 5 pages social responsibility is that all companies should embrace more than just the focus of maximizing profits, and should have as part of their business model the goal to have a positive impact upon the society in which they operate. (Investopedia, 2014) Some businesses believe that social responsibility can only be applied to individuals and not to a corporation or business entity, and that the social responsibility of business is only to maximize

Business Law

1706 words - 7 pages damages.2 Bathurst Regional Council v Local Government Financial Services Pty Ltd (No 5) [2012] FCA 1200 (Federal Court)The next case that will be discussed is the Thalia Corporation Pty Ltd v Bentleys (SA) Pty Ltd. In this case Bentley's is the accountancy firm that provides services to Thalia for approximately 7 years between 2004 and 2011; they lodged quarterly Business Activity statements. In march 2010 the Australian Taxation Office advised

Law cases

1706 words - 7 pages damages.2 Bathurst Regional Council v Local Government Financial Services Pty Ltd (No 5) [2012] FCA 1200 (Federal Court)The next case that will be discussed is the Thalia Corporation Pty Ltd v Bentleys (SA) Pty Ltd. In this case Bentley's is the accountancy firm that provides services to Thalia for approximately 7 years between 2004 and 2011; they lodged quarterly Business Activity statements. In march 2010 the Australian Taxation Office advised

The Great Depression

1030 words - 4 pages the world as The New Deal. When all the sources of government had hopelessly failed many followed Roosevelt without an ounce of reluctance. Over twenty-five percent of the workforce was unemployed when he was elected. His first action was to reopen the banks across the nation and he did this by depositing savings guaranteed by the Federal Deposit Insurance Corporation. He issued the Federal Emergency Relief Act, which replenished the funds


5210 words - 21 pages well as through the Target Citizens PAC, which is funded through the voluntary efforts of our team members. Because our activities are non-partisan, the percentage of overall giving to various political parties changes from election to election as a reflection of the political makeup of Congress and the legislatures in states where corporate contributions are legally permissible."4. Legal and Regulatory Forces. Target Corporation rarely uses the


845 words - 3 pages additional distribution centers, 5,300-8,400 new jobs and additional revenue of $320 million-$520 million in the next 3 years. In collaboration with the local bottler, Coca-Cola Kwanza, the Corporate Social Responsibility Initiative (CSRI) at the Harvard Kennedy School and the International Finance Corporation (IFC), the company ventured to investigate, review and discover new opportunities to enhance the socio-economic impact of the model. The case

The Samberg Leadership Program

1572 words - 6 pages Henry Kissinger is quoted as saying that the task of a leader is to get people from where they are to where they have not been. This is also a reflection of the work of Vroom & Jago (2007) who state that leaders should motivate others to do great things. With correctional workers, effective leadership and management is essential to the safety of other workers. To those housed in correctional facilities, and to the community at large. How new

Impressions of the Play Titled Cleaning Up

2805 words - 11 pages actually a good reflection of the characters they were playing. The most important part of the silver costume was the logo on the back. This was the Meebus logo which we saw a lot of in the rest of the play. The logo, I thought, resembled a donut type shape with a slight dent in it. It appeared everywhere as the play went on, on buildings, on bags and on other characters (Impy, Mclean and Carla) clothing. This was a

SWOT Analysis This is an essay explaining the business plan "SWOT"...strengths, weaknesses, opportunities, and threats a company might face.

1087 words - 4 pages partnerships possessed by the corporation. The magic is not contained by the reflection of success but by the planning executed when all factors of SWOT and trends are paradigm.  REFERENCES:Berry, D. (2002). Milk and sugar, please: One of the hottest trends these days is actually quite cold. Retrieved October 15, 2005, from http://findarticles.comGriffith, E. (2003). T-mobile cut price of Wi-Fi. Retrieved October 7, 2005, from http

Similar Essays

The Marketing Mix Essay

673 words - 3 pages In order to achieve the marketing objectives, a corporation needs to have a strategy that includes different elements, the various parts of the marketing mix. The marketing mix reminds the corporation to get the balance right between the different elements. It is easy to assume that one part of the marketing mix is wrong when, in fact, it is another.Marketers have fours tools to use to develop an offering to meet the needs of their targeted

Birth Of The Bbc Essay

1963 words - 8 pages the ether" led to the Post Office and leading radio manufacturers setting up the British Broadcasting Company (BBC). The first programmes by the BBC were broadcast in November 1922. In 1926 it changed from a company into a public corporation, with a monopoly of broadcasting in the country. By this time, radio manufacturing in America had for a brief period been growing faster than the car-making industry, and the number of

Overview Of Business Ethics Essay

824 words - 3 pages behavior. It is the study of what makes up good and bad conduct as related to business activities and values. (Kubasek, Brennan & Browne 2006) Ethics plays a very important role in one social system and basically on how the people will make their actions or decide on a particular thing on whether it is the right or the wrong thing. Ethical reflection is very important, it helps a person or a group of person understands whether the actions are

Truman Show Essay

929 words - 4 pages (called Seahaven) chance is controlled by the corporation who adopted him. His life is merely a partial reflection of the real world like the shadows in Allegory of The Cave. In brief, Truman has never received any real life experience; it’s all manufactured and ingenious. Truman’s world is delusional and dreamlike. Physically, people were interacting with him with acting, however, the insincerity created a delusional experience for Truman. Unaware