A corporation is a group which is treated as an individual in the eyes of the law. — Mongrel
It occurred on the night of 2–3 December 1984 at the Union Carbide India Limited (UCIL) pesticide plant in Bhopal, Madhya Pradesh. Over 500,000 people were exposed to methyl isocyanate gas and other chemicals. The highly toxic cloud made its way into and around the shanty towns located near the plant.
The government of Madhya Pradesh confirmed a total of 3,787 deaths related to the gas release. A government affidavit in 2006 stated that the leak caused 558,125 injuries, including 38,478 temporary partial injuries and approximately 3,900 severely and permanently disabling injuries.[4] Others estimate that 8,000 died within two weeks, and another 8,000 or more have since died from gas-related diseases.
Whether morality is involved is debatable. Ciceronianus says no. — Mongrel
If India Inc. doesn't know how to take care of itself, it should hire a lawyer. Of course that kind of conflict can drive potential employers elsewhere, so India might have a hard choice to make. Whining isn't a productive choice. — Mongrel
BC can speak for himself, but I took him to be saying that corporate law was amoral, in that it deals with certain transactional issues which don't really touch upon morality (unlike, say, criminal law).Are you saying that corporate law is immoral?
I mentioned earlier that the concept was a significant factor in the emergence of European nation states. If you do mean to say that the concept of the corporation is immoral, you're indicting the whole global shebang.
I would counter that it's not corporations. They just act in their own interests. It's the lack of global law that allows them to exploit us munchkins. — Mongrel
Are you saying that corporate law is immoral? — Mongrel
What is the Citizens United decision?
Citizens United v. Federal Election Commission. Holding: Political spending is a form of protected speech under the First Amendment, and the government may not keep corporations or unions from spending money to support or denounce individual candidates in elections. Wikipedia
I am not saying that the corporation is inherently immoral or inherently good. It depends... (as questions of morality always do).
The first corporations, and the first stock issued, and the first stock holders are one thing. Today's corporations valued in the hundreds of billions of dollars, are something else. They have interlocking directorates (they share strategic board of director members), they often have near monopolies on essential products, they have enormous economic, social, and political clout, and they employ million of people. A pea and a watermelons are both fruits, but there is a hell of a lot of difference between the two. Ditto for the first and the latest corporations. — Bitter Crank
The law that says a corporation is an individual is absurd, and may (will probably) have moral consequences. — Bitter Crank
Exploiting us munchkins is in the best interests of corporations. Making a profit (generally by exploiting workers) is their raison d'être. — Bitter Crank
If the concept of "corporation", allows for corporations to exist in an immoral way, then it follows that the concept of "corporation" is an immoral concept. — Metaphysician Undercover
BC can speak for himself, but I took him to be saying that corporate law was amoral, in that it deals with certain transactional issues which don't really touch upon morality (unlike, say, criminal law). — Arkady
a totally free market. I think we'd agree that's a fair description of the global economy. — Mongrel
I agree that corporate law is basically amoral. It's aim is to create a stable environment for business, right? — Mongrel
Accidental? Maybe 'accident' isn't quite the right term. The state created the template of corporations and upon formal application and payment of fees, grants them a license to do business--as a stock-issuing corporation, for instance.
1d — Bitter Crank
Well, I would totally disagree that corporations are accidental. They consist of humans after all, and are therefore the result of human endevour and human decisions. — Ralph Luther
Explain, why you cannot assume, that this is actually the case? Many of friends are entrepeneurs in IT and finance. And over the last couple of years our discussion base shifted, from idealists, who wanted to make the world a better place, to more practical points of interests.
Anything that has any relation to you alters you. Your perception and your deliberation are in constant change, even of you do not notice it. So why should the relation between corporation-employees and corporation-goverment be any different? — Ralph Luther
There's no such thing as an amoral law. If the law is designed to "create" some sort of environment, with disregard for morality, it is immoral. Having disregard for moral principles is not a case of being amoral, it is a case of bring immoral. — Metaphysician Undercover
Nature is not an act of human beings, enacting laws is. I didn't think it was necessary to make that distinction. Nature has no capacity to respect moral principles so we do not judge natural acts as moral or immoral. It may be appropriate to call acts of nature amoral. But since the passing of laws is an act of human beings, which has an affect on other human beings, it wouldn't be appropriate to call these laws amoral. — Metaphysician Undercover
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