One of the questions that comes up periodically is to what extent could a corporation be...
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Dr Robert Hare:
One of the questions that comes up periodically is to what extent could a corporation be considered to be psychopathic. And if we look at a corporation as a legal person, that it may not be that difficult to actually draw the transition between psychopathy in the individual to psychopathy in the corporation. We could go through the characteristics that define this disorder, one by one, to how they might apply to corporations. They would have all the characteristics, and, in fact, in many respects, the corporation of that sort is the proto-typical of a psychopath.
Narrator:
If the dominant institution of our time has been created in the image of a psychopath, who bears the moral responsibility for it's actions?
Milton Friedman:
Can a building have moral opinions? Can a building have social responsibility? If a building can't have social responsibility, what does it mean to say that a corporation can? A corporation is simply an artificial legal structure. But the people who are engaged in it, whether the stockholders, whether the executives in it, whether the employees, they all have moral responsibilities.
Transcript
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One of the questions that comes up periodically
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is to what extent could corporation be considered
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to be psychopathic
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And if we look at a corporation as a legal person
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that it may not be that difficult to actually draw
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the transition between psychopathy in the individual
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to psychopathy in a corporation
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We could go through the characteristics
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that define this particular disorder one by one
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and see how they might apply to corporations
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They would have all the characteristics
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and in fact in many respects
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the corporation of that sort
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is the proto typical of a psychopath
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If the dominant institution of our time has been created
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in the image of a psychopath
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who bears moral responsibility for its actions
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Can a building have moral opinions
00:01:02.008 --> 00:01:05.553
Can a building have social responsibility
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If a building cant have social responsibility
Clip duration: 69 seconds
Views: 88
Timestamp in movie: 00h 40m 35s
Uploaded: 01 December, 2022
Genres: documentary, history
Summary: Documentary that looks at the concept of the corporation throughout recent history up to its present-day dominance.
Comments
01:12 It is never a decision that any CEO makes lightly
00:38 The corporation is not a person
00:36 What if it never ran
00:34 It can go back
00:18 The pursuit of profit is an old story
00:45 With deregulation privatization free trade
00:32 Privatization does not mean you take a public institution
00:30 The goal for the corporations is to maximize profit
00:33 About how they feel about things
00:16 In a world economy where information is filtered
00:35 One of the first stories that Jane came up with
00:24 Monsanto sent the second letter
00:36 I said you know this is news
00:37 What Fox neglected to report is this
00:36 Is a product that produces more of what we don t need
00:36 Is the collusion between corporations
00:35 Of their decisions
00:19 The corporations do
00:36 I ask myself often times why
00:36 And this time they freaked