Wednesday, September 9, 2009

The voice of business

Echoing what I said earlier in this blog re: separation of business and state:
Yet the word “corporation” appears nowhere in the constitution or Bill of Rights. “It is scarcely conceivable that the drafters of the constitution had anything resembling corporate entities in mind when they drafted the Bill of Rights,” argue Robert Monks, a veteran corporate-governance activist, and Peter Murray, in a recent essay. All the individuals with a stake in a company have the right to express their views freely, the argument goes, so there is no need for the legal fiction of the corporate person to have such rights.




The voice of business: "Economist - Sep. 09 (News Analysis) - ... the word ‘corporation’ appears nowhere in the constitution or Bill of Rights. ‘It is scarcely conceivable that the drafters of the constitution had anything resembling corporate entities in mind when they drafted the Bill of Rights,’ argue Robert Monks, a veteran corporate-governance activist, and Peter Murray, in a recent essay. All the individuals with a stake in a company have the right to express their views freely, the argument goes, so there is no need for the legal fiction of the corporate person to have such rights.

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(Via NewsTrust - Politics - Most Recent Stories.)

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