After viewing The Corporation https://www.youtube.com/watch?v=xHrhqtY2khc
Answer the following questions.
What is a corporation? How has this changed over time?
What are the consequences of these changes?
In what ways does the “personality” of corporations resemble the behavior of a psychopath?
What are some negative externalities of large corporations?
Are top corporate officers responsible for the actions of corporations? Why or why not?
According to the film, the standard metaphor for a corporation is that of an apple within a barrel where most apples are good and just a few bad. What do you think of this metaphor? Is it accurate? Why or why not?
Original 19th century corporations were limited in their tasks, shareholders were liable, and many had a finite lifespan. How would this limit the negative impact of corporations on society?
Constraints on corporations were lifted after the Civil War when the 14th amendment to the constitution extended the legal rights of persons to corporations. What, if anything, was so bad about this change?
The film lists several features of psychopathic personality disorder and notes how they apply to corporations. These include the following: (1) callous unconcern for the feelings of others, (2) incapacity to maintain enduring relationships, (3) reckless disregard for the safety of others, (4) deceitfulness: repeated lying and conning others for profit, (5) incapacity to experience guilt, (6) failure to conform to social norms with respect to lawful behaviors. Are any of these exaggerations regarding the nature of corporations?
Are top corporate officers responsible for the actions of corporations? Why or why not?
One person in the film stated the following: “Whether you obey the law or not is a matter of whether it’s cost effective. If the chance of getting caught and the penalty are less than it costs to comply, people just think of it as being a business decision.” In other words, criminal fines are just another cost of doing business. Might there be a more effective form of punishment that would motivate corporations to follow the law?
If you were a spokesperson for a major corporation, how would you argue for “free markets” and “private” versus “public” solutions to social problems?
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