Monday, July 21, 2014
On corporate personhood and glaring inequality
Here are some interesting articles I ran across a while back. One explores the increasingly-entrenched legal view of corporations as people, and the logical flaws in such thinking that become apparent when we see corporations acting with less and less social responsibility. The second article is from a multimillionaire calling for better wages and living conditions for the masses as a way to avoid an inevitable backlash against the super-rich. More importantly, he rightly argues that the only way to keep the economy growing and the society thriving is in fact to expand the ranks of wage-earners that have enough disposable income to buy little luxuries like a night at the movies or a nice outfit. People living from paycheck to paycheck aren't in a position to reward entrepreneurs offering new products and services.