MITT ROMNEY, condescendingly stating the obvious, said recently "corporations are people, friend." Mitt might unintentionally have misled us; a corporation is not people, as in plural, a corporation is singular, as in, "person".
MItt "O- mitted" a very important fact.
The people who work for a corporation are not the corporation. They are much more than that. Their job is only one part of their lives, of who they are. A corporation has one goal and one goal alone: to make a profit, as much as possible. We trust that real people are much more than that. A corporation does not need love and compassion the way real people do; if anything it needs to be monitored and regulated by society for itw own good.
A corporation is an imaginary, fictictious person, legal fiction, a "body" which has been given imaginary life by law. Thus, no person, or group of peple need ever be responsible for the health of said corporation, it is responsible for itself.
A corporation which owes somebody a billion dollars is indeed deeply in debt, but not the people who work for it, not the people who own it, not the people who manage and administer it. The imaginary person, the corporation, has the liability. Pretty clever, eh? kinda makes you wanna get start or get involved in a corporation, doesn't it? And that, of course, is the whole idea.
A country, like the united states, in order to encourage capitalism, legalizes the existence of an imaginary person, and its off to the races. Talk about government involvement in the economy!
Mitt was apparently trying to make the point that, since corporations are people too, they ought to be treated as well as people are, with the same understanding and compassion. Mitt simply left out the part about the imaginary nature of the corporate person.
It could be argued that a real person should be treated a bit better than an imaginary one.
If we really wanted a free market, we would stop using the government to pretend that businesess are human beings incarnate. But hell,, a little socialism never hurt anybody.
Bb
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