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SOCB58 Lesson 2 Summary

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The Corporation: Documentary Professor’s Notes:  A legal person that has no responsibilities, but all the benefits persons get  The metaphor used in the film was that corporations were being compared to the behavior of an individual with a mental disorder; if a person did the behaviors of corps, they would be identified as someone with a mental disorder  Evidence of the harms of corps- the imagery of deformed animals, and the harmed biosphere, global tragedies make businessmen feel happy because it raises prices of commodities; the interview of the Nike president never going to Indonesia, home of the sweat shops that pay very little wages to the young sweatshops workers, children being targeted as marketing objects due to their undeveloped decision making  The privatization of land, air and other essentials by “good” people would be beneficial to us  When multinationals wages start to go up in a certain country, they move their labor shops to other countries  Chomsky says if an institution is known as monstrous, then no matter how nice the CEO is the actions of him/her is monstrous as well My notes:  Thesis of the movie is a paradox: Corporations can cause much benefit to society, but also create hidden harms th  Old corporations from the 20 century were serving the public good, such as building bridges, but nowadays they are purely profit driven  Civil war and Industrial revolution started the creations of corporations; manufacturing and banking, constraints needed to be removed to create more power to corporation  Corporations were seen as a living entity and seen as individuals, “a legal person”; ex. it can buy and sell, it can sue and be sued  Corporations are persons with no morals, and are only for their stockholders and not their stakeholders, like the community; only about making profits  Moore says there are corps that create good for the community, but the problem is sometimes corps will keep pursuing money, nothing is enough  Corporations are designed to be efficient machines to deliver results now and do it at any cost; an emotionless machine  Corps make problems for workers, union busting, low wages, sweatshops  Ironic how Kathy Griffin brand says a proceed of the money from her sales goes to children, but sweatshops that make clothes for her brand are children  Nike breaks down tasks into thousandths of seconds and researchers find that these laborers make
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