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Are Corporations 'Private' Entities/Individuals?

Nimitz 2012/07/12 06:59:54
Yes. Publicly traded corporations are private entities/individuals and have the same rights as individuals
No. Corporations are government contrivances (fictitious persons) and hence NOT capitalist by definition.
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  • Andrew 2012/07/12 07:44:59
    Undecided
    Andrew
    +5
    I am not undecided, however neither explanation is completely accurate. Corporations are not idividuals, although individuals can incorporatea small business. I find such questions are usually put forth by individuals who love class warfare. They have no idea what constitutes a corporation and are simply crying over spilled milk. Without people, corporations would not exist. Every person who has a 401K which is invested in mutual funds is part of a corporation. If you don't like corporations, divest yourself of those investments.
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  • Michael=Constitution & Liberty 2012/07/13 02:27:46
    No. Corporations are government contrivances (fictitious persons) and hence N...
    Michael=Constitution & Liberty
    +1
    ". . . corporations have no consciences, no beliefs, no feelings, no thoughts, no desires. Corporations help structure and facilitate the activities of human beings, to be sure, and their 'personhood' often serves as a useful legal fiction. But they are not themselves members of “We the People” by whom and for whom our Constitution was established."
    ~Supreme Court Justice Stevens, January 2010
    http://movetoamend.org/
    reply
  • Nimitz 2012/07/12 18:00:43 (edited)
    No. Corporations are government contrivances (fictitious persons) and hence N...
    Nimitz
    OK, guys, before this descends into a flame war, let's do this by the definitions:

    Corporation.
    n.
    "A body that is granted a charter recognizing it as a separate LEGAL ENTITY having its own rights, privileges, and liabilities DISTINCT from those of its members. Such a body created for purposes of GOVERNMENT. Also called body corporate. A GROUP OF PEOPLE combined into or acting as one body."--Via Answers.com, emphasis mine.

    And now PRIVATE:
    adj.
    Of, concerning, or affecting the INDIVIDUAL

    PUBLIC
    adj.
    Of, concerning, or affecting the community or the people

    Words have meaning, people--despite SCROTUS delusions to the contrary. Public corporations are just that: PUBLIC. AS such, they are not capitalist(ic) entities according to the *original* definition of the word: the PRIVATE ownership of the means of production/distribution. Corporations are GOV-ERN-MENT contrivances and have NOTHING whatsoever to do with either capitalism OR free enterprise. Never have, never will.
    reply
  • Theresa 2012/07/12 14:33:30
    Undecided
    Theresa
    +1
    I personally do not believe corporations should be granted the same status as a person. However, there is many SCOTUS decisions which says the opposite position as a point of legal definition. One question if Corporation are the same as a person if they do something wrong should they not suffer the same fate as the individual. Thus should not the courts have the power to terminate any corporation? As of this writing all I have ever seen for punishment was light fines. You kill thousands of people and only a light fine? I a person killed one person the punishment would be death. So should not corporations be sentenced to death too?
    reply
  • Waldorf 2012/07/12 13:35:48
    Undecided
    Waldorf
    +2
    Individuals don't lose their rights when they act as a corporate entity.
    reply
  • The River Rat 2012/07/12 11:15:17
    Yes. Publicly traded corporations are private entities/individuals and have ...
    The River Rat
    +2
    Corporations are private entities owned by individuals and have protection under the law.
    reply
  • Lady Whitewolf 2012/07/12 10:06:04
    No. Corporations are government contrivances (fictitious persons) and hence N...
    Lady Whitewolf
    +1
    NO.
    reply
  • Katherine 2012/07/12 08:07:34
    Undecided
    Katherine
    +1
    Corporations are comprised of individuals.
    reply
  • Andrew 2012/07/12 07:44:59
    Undecided
    Andrew
    +5
    I am not undecided, however neither explanation is completely accurate. Corporations are not idividuals, although individuals can incorporatea small business. I find such questions are usually put forth by individuals who love class warfare. They have no idea what constitutes a corporation and are simply crying over spilled milk. Without people, corporations would not exist. Every person who has a 401K which is invested in mutual funds is part of a corporation. If you don't like corporations, divest yourself of those investments.
    reply
  • rocat Andrew 2012/07/12 13:25:16
    rocat
    +1
    the 401k thing...

    pretty clever way...
    to get many...
    into the belly of the beast... eh???

    even got the govt to give one a tax break-
    crafty-

    ever notice how every few years...
    part of your wealth is stolen...
    by the phony market???

    just where does that wealth go???

    true wealth is created by production...
    not numbers on paper-
    owned by gullible americans-

    true wealth...
    can be hit with a stick-
    and only stolen thru physical force-
    reply
  • Andrew rocat 2012/07/12 18:43:55
    Andrew
    +2
    I own a small amount of stock in the company that I work for. The value of that stock is based on its ability to create and produce products that in turn are sold to those who have need of our products. So, I own a small piece of a productive company. The same with my 401K which is invested in similar companies. Yes it can be stolen and I have heard rumors that the government is contemplating folding ALL 401K's into Social Security to prop that up. Nice little swindle that would be!
    reply
  • Nimitz Andrew 2012/07/12 19:01:27
    Nimitz
    +1
    That's why one would be wise to 'diversify' his/her nest egg. There's no telling when (not if) the government will nationalize these putatively 'private' behemoths--and it's a given that moneys kept in a GOVERNMENT bank will forever be at risk.
    reply
  • Andrew Nimitz 2012/07/12 19:04:12
    Andrew
    +1
    I don't doubt it, but at this point, I have no other legitimate options. I don't anticipate ever collecting SS or from my 401K as I think my Lord will be taking me elsewhere soon! For that, I am prepared!
    reply
  • Nimitz Andrew 2012/07/12 19:10:48
    Nimitz
    +1
    Apart from the obvious first option (sticking close to our Lord), about all that any one of us can do to prepare for an unknown financial catastrophe is to get out of debt; pay off at least our primary residence (as if that weren't covered by getting out of debt); get ahead as much as possible on taxes; and spread your money out in as many hiding places as possible. 'Investing' in staples and 'durable' goods wouldn't be a bad idea, either, provided one can do it without going into debt. Keeping one's family out of financial trouble would constitute a kind of 'insurance' were they psychologically healthy and loyal/loving.
    reply
  • Andrew Nimitz 2012/07/12 19:13:59
    Andrew
    +1
    I agree and I am working on all those. Good advice! The best advice however is to be prepared for the hereafter which none of us can avoid!
    reply
  • rocat Andrew 2012/07/12 19:29:03
    rocat
    +1
    wouldn't it now???
    reply
  • Ambassador II 2012/07/12 07:42:30
    No. Corporations are government contrivances (fictitious persons) and hence N...
    Ambassador II
    +1
    But, in order for the corporatism looting and pillage to continue and to guarantee their rights to employ representatives in Congress, the SCOTUS found it convenient to employ
    this clever device to make them equal to you. After all, if they are taking your money and your house, enslaving your children by making them pay for their educations and forcing
    you to pay several times over for unnecessary medical services and tests, they are beginning to function like a depraved and evil human, are they not? So, as absurd as the idea is, there is a reason for such madness, in one word ..........GREED.
    reply
  • USAF Vet Ambassa... 2012/07/12 07:50:25
    USAF Vet
    +2
    face palm
    reply
  • Brian ☮ R P ☮ 2012 ☮ 2012/07/12 07:29:11
    Undecided
    Brian ☮ R P ☮ 2012 ☮
    +3
    They are a bit of both. They are government contrivances, designed to limit the individual responsibility of private individuals, who have come together to engage in capitalist enterprise.
    reply
  • rocat 2012/07/12 07:20:41
    No. Corporations are government contrivances (fictitious persons) and hence N...
    rocat
    +2
    collectives...
    are never capitalist-

    you will get some "interesting"...
    and delusional responses...
    on this one-
    reply
  • USAF Vet rocat 2012/07/12 07:56:39
    USAF Vet
    +3
    You are right, collectives are an amalgam of parasites vying for an equal share of nothing; the antithesis of capitalism; and I'm not delusional sister.
    reply
  • rocat USAF Vet 2012/07/12 13:18:32
    rocat
    +1
    see below- ...
    sister-
    reply
  • ConLibF... rocat 2012/07/12 09:06:53
    ConLibFraud
    +2
    No chit!
    reply
  • rocat ConLibF... 2012/07/12 13:18:13
    rocat
    +2
    see above...collectives are capitalist-lol

    only in the sense that they manipulate and feed via capital-
    reply
  • ConLibF... rocat 2012/07/12 16:03:42
    ConLibFraud
    +1
    There is soooo much cluelessness! (new word :)
    reply

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