November 12th, 2004

The Divine Right of Capital

Friday, November 12th, 2004

Finally got to read the introduction to this book that I’ve had on my shelf for months. (Check it out Amazon.com.) Makes a very strong case for shareholder-controlled corporations, as they are structured now, being much more aristocratic than democratic. Combine this with Chomsky’s view (whose gist is, though we may have a democratic government, we have a purely fascist structure in our businesses, with top-down control, employees are just “human resources,” etc.), and you start to see why letting corporations run the show isn’t such a great idea.

By the way, if you haven’t, please, please, please see: The Corporation.