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  • Corporations deform democracy
    The essence of a corporation is an entity with the sole intent of profit. Their allegiance must be to the stockholders and exist exclusively for their mutual benefit. By definition then it cannot be concerned with externalities. That is individuals beyond that entity are of NO concern to them. While a democracy is a political ideology that attempts to take into account ALL of the people and therefore every externality has to be considered. And therein lies the problem of capitalism in a free political system.