Corporations aren't evil
They are extremely neutral. A corporation doesn't care about silly little things like right and wrong. They care about generating profits. Therefore, to an extent they care about right and wrong in the context of how many assets and liabilities these variables bring to the table.
Lawful
Most of the time they are also lawful because they get a big say about which laws are put into place with lobbyists and other forms of political manipulation. It should be no surprise that behind the scenes many corporations lean right when it comes to political issues to avoid pesky things like taxes and human rights.
Ironically enough, even though corporations don't really care about philosophical constructs such as right and wrong or human rights, they are actually given more legal rights than people themselves. Limited Liability Corporations act as people that can shield the actual bigwigs who control them from harm.
This blatant overreach extends so far that corporations essentially legally own their employees and anything they do. If you work on an invention or product for one second on company time, the corporation legally now owns that invention. Get wrecked.
How did we devolved to this level?
The same way all these things happen: slowly over time with initially good intentions. We wanted to incentivize citizens to take risks by making the possible rewards of said risks much greater than the liabilities involved. LLC passed with flying colors in this regard.
Unfortunately the economy we've become today is completely bloated, corrupted, stagnant, and on the brink of collapse. Dynasties were forged. Old money does what old money does best: try to consolidate even more power and keep that power within the family (tribe). Tribalism has reigned supreme for generations.
Most people are good.
One bad apple ruins the entire batch. Just like a professional athlete might tell you they need to take performance-enhancing drugs to stay competitive, so too might the CEO of a company tell you they need to cut corners in order to stay relevant. After all, if a competing company can run you out of business with lower prices and corner the market afterwards, you can be damn sure they're going to do it. This is capitalism after all.
So we have all of these systems in place that incentivize evil and selfish behavior across the board. Players who become big enough to manipulate the law itself make sure that the punishments for getting caught doing something wrong are less than the gains made.
This is exactly how corporations became people in the first place: lowering risk to incentivize volume and growth. Just like a family can be viewed as a tribe that will protect it's members, so can a group of the world's richest CEOs or perhaps even the central bankers themselves. Tribes protect their members and earn benefits at the expense of others. This is zero-sum game theory in full effect.
This is why we are here.
8 billion people is too many to remain this tribalist. We need to find new ways to build trust on massive scales between large groups. Crypto is the only solution to this problem. Currency is the language of conveying value, and a mysterious entity figured out a way to turn energy into value (POW) that lives directly on the Internet and is controlled by no corrupt agents. In fact, it is controlled by no one at all but the automated network itself. This is magic: and it was given to us for free by an entity who didn't even take credit for inventing the magic.
Even if you're not a fan of the original solution (Bitcoin) it matters very little. Bitcoin has already spawned thousands alternative options, and tens of thousands more are yet to be created.
Crypto Lifeboat.
Corporations are about to be a thing of the past, because corporations can not scale as large as crypto networks: not even close. Corporations will only exists (if at all) as conscripts of the larger networks. It is inevitable: just a matter of time.
We are approaching an era where governance and the economy can no longer keep up with technology. The dinosaurs in charge have burnt the bridges behind them, and they have forced us to enter these lifeboats instead. Not everyone will get out unscathed, but it's certainly better than no chance at all. Tread carefully.
Posted Using LeoFinance Beta
Return from Evilcorp: I do evil to stay competitive. to edicted's Web3 Blog
