Corporations Are Destroying Social Health | Andrew the Medical Assistant
The right wing argument against corporate wealth and power
ON THIS EPISODE
My medical assistant Andrew joins me to work through
- a right wing argument against corporate power
- ideas about personal responsibility and corporate ownership
- redistribution of value of labor (NOT wealth)
ON CORPORATE WEALTH AND POWER
One thing that's aggravated me to no end is the guilt-by-association all libertarians and conservatives get for the crimes of the neocon Republicans. A common accusation levied at reasonable right wingers is "corporatist." Here's the right wing argument against corporations.
- Corporations are part of the state
- They aren't real
- They diffuse personal responsibility of the owners
- They destroy workers
- They provoke socialists into trying to steal everyone's stuff.
They ought not exist.
Corporations are part of the state.
We all know politicians and corporate executives share a "revolving door."
They write laws that benefit corporate expansion, get a job at a corporation after term is up and pay to control other politicians through lobbying.
We all know corporations will often support the expansion of state power.
For example: Vaccine Passports can't be enforced by the government because they're unconstitutional. But several large corps will enforce them at the Biden admin's behest.
We all know corporations and the government both create policies that look out for themselves that have screwed over:
- Working families
- The Middle Class
- Americans of every race
Same enemies too, apparently.
Corporations are... not real. Their workers are real. Their owners are real. Their buildings and equipment are real. But other than an "article of formation" (required by the government) - corporations don't exist.
Can you touch a corporation?
Corporations exist as a legal fiction invented by the government to find a way to generate greater tax revenue.
The legal fiction known as a "corporation" diffuses responsibility.
If I spill oil into the pond in my local forest, I'm going to prison.
But if BP spills oil into the gulf of Mexico they pay a fine? "They" of course is the owners and controlling shareholders of BP (or whatever company).
Corporations aren't people. If they're *any* kind of real, they are merely tax/book-keeping functions.
Therefor, the people who own that function are responsible for the moral failures of it as much as they are the benefactors to it's financial benefit.
We need to redistribute the value of labor. Lefties will argue for the redistribution of wealth.
This is literally taking the wealth and physical assets (means of production) and giving ownership to the laborers. This is clearly wrong.
I have no problem with the means of production going to those who know what to do with them.
What I have a problem with is 6 men owning 85% of everything.
That is certainly not earned or properly symmetrical to the value they provide.
Surely at some point in scaling companies the value of individual human beings laboring on the project has been lost to the profit-share of the owning class.
Socialists are 100% correct in their critique that corporatist capitalism is essentially a form of highway robbery disguised in legalese.
Where they are wrong :
1. Corporations are government - so more government programs or regulations won't necessarily fix the problem
2. It's not MY fault as an independently wealthy worker that you're being screwed over by the .1%
If you think it is, you're sadly mistaken and have a pretty decent case of Stockholm Syndrome.