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Incorporating Trouble

Unlimited corporate size allows for the concentration of unlimited power.

Globalization extends that power beyond the reach of accountability to any state or public body.

Limited liability is an invitation to use that power irresponsibly.

Public share markets depersonalize the relationship between the corporation and its owners, eliminate the need for enduring commitment, and tend to divide the world between those who live by the product of their labor and those who live from returns to money.

The result is an extreme form of absentee ownership that strips decision-making of human sensibility.

A perceived legal requirement to manage the corporation in the exclusive short-term financial interest of its shareholders further suppresses the innate human sense of moral responsibility and feeds an individualistic, immoral organizational culture.

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