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Thread: Revised How Corporations are destroying the Planet

  1. #11
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    Quote Originally Posted by DGUtley View Post
    "....corporations increase their market values with lies, fraud, and felonious business practices..."

    Sometimes they do -- and when they get caught their officers go to jail.

    More often than not, though, they increase their market value with hard work, risk taking and smart business practices. I started a corporation on May 1, 2015, together with 9 other shareholders. We now have 3 offices and 20+ lawyers, 60+ employees. We haven't lied, defrauded anyone or committed any felonies. All we've done is provided smart good-quality legal representation. I work 70 hours a week; Christmas Eve, New Years Eve, every Saturday, 1/3 of the Sundays. Can you say that?
    LLC I'm guessing, a partnership basically.

    So is your LLC what provides these good things to people or are your partners and staff the ones who provide these good things?

    Why staff your LLC if the LLC is going to do all that good work then?
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  2. #12

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    Quote Originally Posted by Captain Obvious View Post
    Massive over generalization fail, most if not all of those are false. Corps "provide" for us like gubmint provides for us and those on the right will be the first to say this nation isn't the gubmint but will bow at the corporate altar.
    That's not true. Name me three medications on the market today that were developed, marketed and sold by a single individual. Name me one internet provider owned by a single individual.
    Any time you give a man something he doesn't earn, you cheapen him. Our kids earn what they get, and that includes respect. -- Woody Hayes​

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    Quote Originally Posted by Common View Post
    Who made your underwear
    Probably some 8yr old in Malaysia.

    Who built your car
    Mostly robots

    Who produces the material to build your house
    Probably Mexican illegals

    I know who now, THE GOVERNMENT and The democrat party provides
    Neither gubmint or corps did any of this, it's silly to say one or the other did.

    People do and when folks stop identifying the human element then there's something to hide behind.

    Like DGU's LLC, the purpose of a "limited liability corp" is to limit the liability of the partners. Only the collective corp can be successfully sued, not the partners individually, that's the design of an LLC.
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    Quote Originally Posted by DGUtley View Post
    That's not true. Name me three medications on the market today that were developed, marketed and sold by a single individual. Name me one internet provider owned by a single individual.
    Name any of these products and services that would exist or continue if people weren't involved in the process.

    Corps do not fund my hospital. If you're ever in the area stop in and I'll open the books for you and show you how it works.
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    Chris is going to come along any minute now with youtube videos.

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    Here is a modern definition of capitalism.

    Definition of capitalism


    : an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market


    Interestingly, under an older model of capitalism- mercantilism, corporations had many more controls placed on them, some of the most important were (1) they could only operate in accordance with a narrow charter and (2) they were created for a limited period of time, such as 25 years.
    ΜOΛΩΝ ΛΑΒΕ


  9. #17

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    Quote Originally Posted by Captain Obvious View Post
    LLC I'm guessing, a partnership basically. So is your LLC what provides these good things to people or are your partners and staff the ones who provide these good things? Why staff your LLC if the LLC is going to do all that good work then?
    The LLC of the 10 of us joining together enabled us to obtain the initial financing, give the clients the confidence to come with us rather than stay with out other firms and give the young attorneys the comfort that they wanted to be with us. The joining together of the group (i.e. the corporation) did this. Individually, I may have kept one or two of my personal clients but not every one of them (and then some). It was the capitalistic joining together that made this successful.
    Any time you give a man something he doesn't earn, you cheapen him. Our kids earn what they get, and that includes respect. -- Woody Hayes​

  10. #18
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    Quote Originally Posted by DGUtley View Post
    The LLC of the 10 of us joining together enabled us to obtain the initial financing, give the clients the confidence to come with us rather than stay with out other firms and give the young attorneys the comfort that they wanted to be with us. The joining together of the group (i.e. the corporation) did this. Individually, I may have kept one or two of my personal clients but not every one of them (and then some). It was the capitalistic joining together that made this successful.
    It's a framework for operating, the people involved do the actual work.

    Are you saying you and your partners are not talented enough to have been successful operating as a simple partnership?
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    Quote Originally Posted by Captain Obvious View Post
    Name any of these products and services that would exist or continue if people weren't involved in the process.
    People joining together in a corporation.

    Quote Originally Posted by Captain Obvious View Post
    Corps do not fund my hospital. If you're ever in the area stop in and I'll open the books for you and show you how it works.
    I don't know your hospital, but it is probably non-profit. A poor example on my part; but still, a corporation likely runs it.
    Any time you give a man something he doesn't earn, you cheapen him. Our kids earn what they get, and that includes respect. -- Woody Hayes​

  12. #20

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    Quote Originally Posted by Captain Obvious View Post
    It's a framework for operating, the people involved do the actual work. Are you saying you and your partners are not talented enough to have been successful operating as a simple partnership?
    According to our corporate counsel and accountant, a partnership wouldn't give us the proper benefits. A LLC does/did. We're getting afield here. The framework that is accused of being so evil here is CORPORATION -- the joining of people to do business.
    Any time you give a man something he doesn't earn, you cheapen him. Our kids earn what they get, and that includes respect. -- Woody Hayes​

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