Ralph Nader explains Corporatism and its result 1/4
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A corporation is created under a state charter. It however provides a special immunity to its owners from liability. This is the problem... the mebers must be responsible for the actions of its company. Without this responsibility, you separate rights from responsibilities which creates injustice in the world. you can never separate rights from responsibilities, and you cannot have responsibilities where you have no rights.
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It's called corporate greed stupid
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@AFascist Hahah, wait wait, so modern American corporations play no role in wage negotiation, or policy decisions, etc?
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Is that why Italy and Portugal are all broke right now??? Tell me about it.
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Lol a corporation is not simply a big company. It is a group of people or businesses in which the owners, ie the shareholders share limited responsibility for the company. Basically the owners are legally separated from the company itself. The corporation also is recognized by law to have the same rights and responsibilities of actual people.
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documentary called 'The Corporation'...
watch?v=Pin8fbdGV9Y
3 years ago 3
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Nope, only the first one - but here he misses, so it would be strange if he suddenly uses the word "corporatism" correct later.
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Did you see all 4 of his videos in this series?
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So Corporatism is good, but the laizes-faire capitalism this guy is talking about is not:-)
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A good speech, but corporatism is not what he thinks it is. The american misunderstanding of corporatism is rooted in a language-mixup where "corporation" has two different meanings. It means big company, on one hand, and what is called "corporazione" in italian, or "korporasjon" in norwegian wich is a decitionmaking system, and a form of wage-negotiation system that exists in socialdemocraticy, and have existed in its full form in Italy under Mussolini, and in Portugal under Salazar.
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"it's the giant corporations, stupid!!"
haha, you rock ralph!!
relgstorm 3 years ago 5
thanks for posting this.
supportnader 3 years ago 4