To: discostu
Another pile of meaningless crap.
497 - "Corporations don't have a duty to any constitution, they exist to make money, they don't vote, they don't fight in wars, they can't be elected for office. They pay taxes, that's about as deep as it gets.
They also don't have a duty to "the people", except for the members of the people that are investors in the company, their duty to them is to create profit so these people have a return on their investment. "
Here you state they have no responsibilities and should not be regulated.
740 posted on
04/14/2004 9:45:05 PM PDT by
XBob
To: XBob
Unbridled capitalism is as unrealistic as big L libertarianism.
741 posted on
04/14/2004 9:46:10 PM PDT by
cyborg
(Frakenfreude Radio... look out belowwwwwwwwwww!)
To: XBob
No I state that they have no DUTY and don't even touch on whether or not they should be regulated. Your basic problem in all this is that you don't know what the words we're working with mean. Here let me help:
http://dictionary.reference.com/search?q=duty http://dictionary.reference.com/search?q=regulation http://dictionary.reference.com/search?q=restriction See corporations have a DUTY to profit.
Government has a duty to REGULATE.
Regulations create RESTRICTIONS.
No one, no person or corporation, has a duty to be regulated or restricted. That doesn't mean there shouldn't be regulations, just that it's not the corporation's job to MAKE the regulations. That's the government's job. Seperation of duties is an important concept in the American republic.
769 posted on
04/15/2004 8:12:09 AM PDT by
discostu
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