Why The Fetish With Corporations?

There is one theme that has been growing from the left in the last couple years, the idea that there is something intrinsically evil about the idea of a corporation. And they seem particularly incensed that corporations have free speech and can make political campaign contributions.

I can’t quite get my head around the root of this concern, though I am convinced it is wrong-headed.

You can see the theme quite often in recent weeks in Occupy Wall Street interviews and related posts on Facebook, twitter, etc. It comes up again and again from the political left.

From my vantage point, a corporation is just a fictional legal entity. It is little more than an interest group for a body of equity holders, shareholders. I see no reason why a corporation should have any more (or less) free speech than any other group or individual. And ironically, the same people wringing their hands over corporate speech/influence rarely have much concern for the same level of influence from unions, the AARP, leftist PACs, etc.

And if corporations have too much power, it’s not an indictment of corporations per se, but rather an indictment of a too large government that gets in bed with corporations. In a freer market without crony-capitalism corporations would only exist at the whim of consumers.

Why the fetish with corporate speech?

  • Belbarid

    I am vastly amused with you assumption that there is some rational decision-making underlying the rhetoric.

    Ideologically, there is no difference between the UAW making campaign contributions and Goldman-Sachs.  However, this has long since stopped being rational. Circumstances are no longer weighed against an ideology or ethical framework. It’s all about following party priorities.

    • http://pretenseofknowledge.com/ speedmaster

      >> “I am vastly amused with you assumption that there is some rational decision-making underlying the rhetoric.”

      Hehe, I was trying to be charitable.  ;-)