The 1100th Movement

Let's all head to the tipping point axle and hang ten.

Sunday, April 15, 2007

The Incorporate Economy

I was talking to my friend Wayne F Smythe who was explaining that he had incorporated himself as a legal entity because he has more rights as a corportation then he has as a citizen. He said the business of Wayne F Smythe Inc. is running Wayne F Smythe's life, his expenses, his income etc. I thought to myself, that it's it, that's what has to replace the corporate economy, we need to create an Incorporate Economy in which only indidividuals can be incorporated. That's how you bring ethics to business. That's how you get around the problems of corporations with more rights than citizens but who legally have "no conscience to bind them" which is why they can't sign affadivits in court.
The Incorporation Economy needs to be an individuals only one, but those individual incs. can still regisiter businesses they form with one another. The business itself has no rights not guaranteed to all citizens. The individuals are thus responsible for their own actions, they remain protected as citizens by Charters of Rights and Freedoms, their purusit of profits is more easily governed by law, the whole tax system can be simplified, business and bureaucratic manageriats can be streamlined for greater effciency, and commonwealth benefits will flow more freely to all, entreprenurial innovations will be unleashed, labour unions would also change shape and character, and the disappearance of bad corporate behaviour internationally will create less stress between peoples.

1 comment:

Grand said...