Milton Friedman Choir - The Corporation

The Milton Friedman Choir singing about Friedman's definiton of a corporation. This clip can be found in the DVD special features section of The Corporation.

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[BLARGHALT]

I've always liked the subtle dislike for democracy you can always sniff out on libertarian videos.

[mineowyn]

But corporations can be sued like humans? In that case, abolish limited liability, because corporations don't have personhood so they can't be sued, so the only personhoods that can be sued are the shareholders that own the corporations. Make them liable for everything!

[TheDavoo]

While this song goes into WHY corporations do what they do, it doesn't say corporations cannot and do not receive consequences for their actions. An amoral company isn't bad; it's just neutral. An IMmoral company can be driven out of the market place by angry consumers and private unions and superior competition; but only when you--you guessed it--privatize the industry.

Not ALL industries; not roads or police or military. Just most.

[Soulstrider91]

Jesus Christ how horrifying. 

[H1TMANactual]

As opposed to what nationalize everything and let benevolent politicians run everything? I'll take my chances with greedy corporations. My car, computer, tv, everything runs fine. The only thing that doesn't work is government.

[RapeEveryoneVevo]

People shouldn't be taxed at all. Hence, everything should be privatized. The government's competency in picking winners via investment is irrelevant because if they were able to do it successfully it would be unfair to competition, much like their equally brutish practice of holding power over mergers.

Fortunately, the government is totally incapable of picking winners and the money is frequently wasted. Hence, everything should be privatized. This way, winners will be picked more efficiently.

[homersparents]

haha ha.

No Sondra's failure was not the fault of investors of any kind. Why should anyone be forced to, through taxation, pay for a company that may or may not have a product that will sell.

The question is Can government pick winners. Even big investors who study markets watch trends before investing. Government has only an incentive to get reelected. Reelections might mean pandering to a certain group. Pandering may entail investing in company's whose logos look good next to yours.

[RapeEveryoneVevo]

I agree. Solyndra's failure was the fault of public investment, much like any corporation that has ever gone bankrupt in history. What we need is less regulation and less government involvement. When that succeeds we should privatize everything so our omniscient consumers can decide the fate of the universe at their supermarket.

[ACDC7369]

No, that's false. You sue the employees and all other people who are responsible.

[KOVI2525]

DISGUSTING!!!!!!!!