About Corporations...
I've been reading a lot about corporations and capitalism lately and am still not sure what to think about them.
In a class a few semesters ago, I read Kelley's book "The Divine Right of Capital". She suggested that stockholders do not really own the corporation and that the workers should. One would think that she would invoke Marx but that was not the case. Come to think of it, I don't think she mentioned any great thinkers. But about a month ago, I read Peter Druker's book "The Future of the Industrial Man" (I'm pretty sure that's the title). He actually said in about 10 pages what took Kelley an entire book. Since my encounter with Druker. I've tried to find other books from the 40's through the 60's and the main theories on capitalism and corporations.
I don't like Ayn Rand but she wrote, or put together a composition, about capitalism and the modern corporation. She had a completely different and more positive in favor of corporations and their stockholders. The beloved Alan Greenspan even provides an essay. One thing stood out though throughout the entire book, the idea that capitalism requires complete and unadulterated freedom.
I question this theory. I think that capitalism CAN exist without complete freedom. All capitalism requires is economic freedom. I don't see how it is necessary to have all other freedoms. They argue that one must have the freedom to think and be able to create unabated by government oversight.
Any thoughts or suggestions for readings?
In a class a few semesters ago, I read Kelley's book "The Divine Right of Capital". She suggested that stockholders do not really own the corporation and that the workers should. One would think that she would invoke Marx but that was not the case. Come to think of it, I don't think she mentioned any great thinkers. But about a month ago, I read Peter Druker's book "The Future of the Industrial Man" (I'm pretty sure that's the title). He actually said in about 10 pages what took Kelley an entire book. Since my encounter with Druker. I've tried to find other books from the 40's through the 60's and the main theories on capitalism and corporations.
I don't like Ayn Rand but she wrote, or put together a composition, about capitalism and the modern corporation. She had a completely different and more positive in favor of corporations and their stockholders. The beloved Alan Greenspan even provides an essay. One thing stood out though throughout the entire book, the idea that capitalism requires complete and unadulterated freedom.
I question this theory. I think that capitalism CAN exist without complete freedom. All capitalism requires is economic freedom. I don't see how it is necessary to have all other freedoms. They argue that one must have the freedom to think and be able to create unabated by government oversight.
Any thoughts or suggestions for readings?