2007-11-21 07:18:59 · 3 answers · asked by seker2k 2 in Business & Finance ➔ Corporations
The answer by rainfingers
" It's a legal principle by which a corporation has the same legal rights as a person. It allows corporations to have a large influence on the US political scene, because their "right" to make campaign contributions is protected under the 1st Amendment." is correct, but it needs to end. They use people as pawns and very pay decent wages and allow very few to retire so they do not have to share future profits. This also applies to corporations of other nations as well. They are against unionization.
2007-11-21 09:28:45 · answer #1 · answered by Anonymous · 0⤊ 0⤋
LOL... corporate personhood is a legal acknowledgement of the existence of an organization independent of any one individual or group of individuals.. In other words, McDonalds (fill in the blank with your favorite company) is a person separate from anybody else. It is the only thing that congress and the judicial system can come up with so that actual people don't have to take responsibility for bad things that the corporation does.
2007-11-21 07:27:38 · answer #2 · answered by barchanon 3 · 1⤊ 0⤋
It's a legal principle by which a corporation has the same legal rights as a person. It allows corporations to have a large influence on the US political scene, because their "right" to make campaign contributions is protected under the 1st Amendment.
I don't think it's a good idea for corporations to have so much political influence. It means average working people and poor people get a raw deal while rich people get even richer.
2007-11-21 08:35:27 · answer #3 · answered by rainfingers 4 · 1⤊ 0⤋