2} These are legal entities created by the registration of appropriate incorporating documents with the supervising government office. These May be private (ownership sometimes held by specific individuals ,these are not traded on a public stock exchange) or public corporations (shares can be bought by everyday people). The Shareholders are protected from liability for faulty the actions of the corporation.
2) That corporation Is Getting Away With Murder
CEOs in America make thousands of times more than their employees. In Britain, they only make about six times as much.
See that CD you just bought for $15? It cost about 1 cent to make it. How much does the artist get? About 50 cents or less per CD. How much goes into the laborers that made the CD? Well, seeing that it was either made by machines or minimum-wage workers (to assemble the case), the electricity/labor cost per CD is probably 5-10 cents. Let's round up and say it's a dollar total. So where's the rest go? Into the corporation.
The Rock Against Bush CD cost $7 (if you buy it directly from the producer). That's less than half the price of a typical CD. That shows that it is possible to have cheap CDs.
An ideal corporation always puts its employees before its executive office and always puts its consumers before its profit. But of course, none of this happens. We see people get laid off so that the exectuive's stock can go up a half of a point. We see goods that cost a dollar to make being sold for twenty. We see them exploiting the children of third-world countries.
Don't give me crap about how they want the job. It's exploiting, regardless of whether they want it or not. Since when do Americans deserve more rights than Africans or Chinese?
Oh, and corporations basically have the government and media in its pocket. Corporations buy the presidency through donations. Enron donated $114,752 to the Republicans and $102,050 to the Democrats. Then, when they're elected, the do whatever the corporation wants. Oh, and they control the media too. Microsoft controls NBC, Fox controls Fox news, etc. Liberal media my ass. It's not a liberal media, it's not a conservative media. It's a profiteer media. Meaning, anything that will get them a profit, they will report.
Money controls everything. take control of a countries economy, u practically are the king.