It is known that corporations play a large part in making the world go around. Many times we read, hear or see stories on companies and why something was done a certain way. The film “The Corporation” has given a whole new insight to not only how businesses operate but what motivates them and their decisions that they make to keep their businesses thriving. This film has opened up a new perspective to me about the mindset of many of the people that have and are running many of the most noticeable household name brands that we have all come to know since childhood. The film does a very good job of explaining how businesses and corporations have not only grown but evolved over the last 40 plus years. We all know that at the end of the day, a company’s goal is to make money. “The Corporation” gave me a very in-depth look at the extent that major corporations will go to in order to keep their company successful and profitable. With many of the companies that were mentioned in the film, the average person such as myself, would never know that the companies that we support and patronize have taken part in modern day slavery to give use the products that we have come to love. The part of this that was most troubling was the fact that these business practices no matter how unethical we find them are in fact legal and do not …show more content…
When we look at the laws that have been broken by so many of the top named corporations, I see why they continue to operate in the capacity that they do. When you take in to account the amount of money taken in for overall profits each year versus the fines levied “if” they are caught breaking the law I can see why they take their chances at being caught or not. Although the fines given are typically large amounts, they really are a mere slap on the wrist when compared to the money earned each
A corporation was originally designed to allow for the forming of a group to get a single project done, after which it would be disbanded. At the end of the Civil War, the 14th amendment was passed in order to protect the rights of former slaves. At this point, corporate lawyers worked to define a corporation as a “person,” granting them the right to life, liberty and property. Ever since this distinction was made, corporations have become bigger and bigger, controlling many aspects of the economy and the lives of Americans. Corporations are not good for America because they outsource jobs, they lie and deceive, and they knowingly make and sell products that can harm people and animals, all in order to raise profits.
... a dynasty on this planet has yet to live forever. There is documentation of empires and governments that have fallen, and the reason behind them failing is always, for the most part, the will of the people in action. Corporations have established themselves as the corner stones of our modern society that we live in today. New ways of thinking are the best approach to avoid making mistakes that have been made in the past. Ben and Jerry’s have been known for there unprecedented rate of giving to charitable organizations in the corporate world, a full 7.5% of its pretax profits(4) as compared to the average American corporation of one percent.(2)
Corporations are thought to have utmost power on shaping how the United States is ran, whether economically, environmentally, or socially. Business dictates in this country how we live, where we live, and unfortunately, if the people of this country are to face good times or bad times. If the economy falters in the United States, which is the foundation of business, then this country will also falter. With this knowledge by big business, the corporations have corporate hegemony; the ability to wield power and the mold making influence on Congress to shape laws and design loopholes for these massive corporations to jump through just in case.
In the documentary “Fed Up,” sugar is responsible for Americas rising obesity rate, which is happening even with the great stress that is set on exercise and portion control for those who are overweight. Fed Up is a film directed by Stephanie Soechtig, with Executive Producers Katie Couric and Laurie David. The filmmaker’s intent is mainly to inform people of the dangers of too much sugar, but it also talks about the fat’s in our diets and the food corporation shadiness. The filmmaker wants to educate the country on the effects of a poor diet and to open eyes to the obesity catastrophe in the United States. The main debate used is that sugar is the direct matter of obesity. Overall, I don’t believe the filmmaker’s debate was successful.
On one hand, businesses must be profitable to survive and corporations must earn a higher return on the shareholders equity than would be realized if the money were deposited on a no-risk bank account. The profits that are made create trust from investors and are usually reflected in higher stock-prices, which makes it easier to grow the company further towards its goals. The profits are not only a result, but also a source of corporate competitive health and wealth. On the other hand, companies are networks of parties and people working together towards a shared goal and not merely 'economic machines'.
The Associate is a film taking place in 1996, in the white male dominated Wall Street and portrayed the business discipline as sexist towards women as well as racist. The main character, Laurel Ayres, an incredibly talented financial analyst, was a black women trying to make it in the white male dominated Wall Street, but struggled greatly. She was unable to get a client to read her proposal, so she created a white male character named Robert Cutty that becomes her partner. Instantly, the proposal was accepted and she started to build a wealthy investment firm with the help of her fictional partner Robert Cutty. Cutty, quickly became the most talked about man on Wall Street, even though no one ever saw him, and it was really Laurels work and ideas the entire time. In the end, the truth comes out and all the investors on Wall Street find out the truth about Robert Cutty and how it was really Laurel Ayres, a black woman. Everyone was shocked, but she ultimately gained the respect she deserved and her company continued to
The subject of Inside Job is the global financial crisis of 2008. It features research and extensive interviews with financiers, politicians, journalists, and academics. The film follows a narrative that is split into five parts. The five parts discussed are The Foundation, Mortgage Boom, The Crisis, Accountability, Where are we now.
Novak points out that corporations should be creators of new wealth to alleviate poverty by employment and contribute to building a civil society. This is not a rebuke against commercialism, more of a caution towards industry leaders that they have a responsibility towards society to act in a morally upright fashion.
This essay assesses the Statement “the actions undertaken by a corporation in pursuit of shareholder wealth are justified, as long as the actions are not illegal”. Most commentators in the world have agreed that one of the corporation’s primary objectives is to maximise shareholder wealth, regardless of a narrower approach of sole responsibility to shareholder interests or a wider approach of responsibility extending to stakeholders. In evaluating the validity of this Statement and developing an argument, I examine how various journal articles presented their views regarding the issue of whether corporations should be responsible for matters beyond acting within the law.
Released in 2017, the movie “Company Town,” emphasized the link between economic consequences of racial discrimination and the increased risk of cancer. After watching the movie, Susan Gubar was led to the conclusion that the “wretched statistics on cancer mortalities are also linked to racial inequalities” (1). The movie depicts a community dependent on an industry that they believe just may be killing them by contaminating their environment. The majority of those who suffer from cancer in the area are African American. “Company Town” pushes forward a passionate protest on behalf of unnoticed and oppressed victims of corporate negligence and greed. According to the American Cancer Society, African American men are twice as likely to die from
It is the idea that there is a relationship between individuals and the groups they belong to. The term corporation comes from a Latin derivative of corpus meaning body, or “body of people” Before deregulation, there were few corporations and they came together for a particular project, like building a park, and it was disbanded after the project was finished. Originally the idea of corporate personality encompasses the concept that the individuals of a group are not separate from the group; that by extension, other group members are encompassed by the actions of each other; and that there is a very real relationship between the group and the individuals of that group (Sang-Won, 2001). In other words, you are known by the “company” you keep.
Wall Street is a movie that exposes corruption and disguises all values, beliefs, and other ethical philosophy. Throughout the movie, Wall Street shows how ethics adapts to a person’s personality by power and wealth alongside honesty and truth. Bud Fox, a young stockbroker is looking for a way to make a name for himself. He is determined to get as many clients as he can to become successful. He later meets a ruthless man named Mr. Gekko where learns how to reach to the top by illegal actions such as insider trading. Bud Fox was an honest living man who had good ethics but was later showed what true power is became money hungry. The power of greed is fascinating the code that everyone lives by is inevitable once money comes into play. There are five types of interpersonal power; reward power, coercive power, legitimate power, referent power, and expert power. These types of power will be used to correspond relationships throughout the movie. In Wall Street we realize how Gordon Gekko uses Bud Fox for his benefit. In this paper I will show the types of powers that are used by Gordon Gekko and how they are used. One clear type of power that Gordon Gekko uses in his relationship with Bud Fox is the Referent power base. This power stands out because it is clear that Bud wants to become a top notch in the industry. Bud is striving to be successful when he exposes what he’s able to do at the meeting with Gordon Gekko he instantly become closer to his goals. There were scenes where Gordon had legitimate power. His knowledge and information was what made him rich. Bud Fox had to listen to what Gordon was telling him in order to become successful. This was an example of Gekko having legitimate power over Bud Fox. Expert power which is an ...
Corporations are businesses or organizations with the rights and duties of a single person, whom is protected under the US Constitution. Roger and Me is a movie that displays that no matter what race or ethnicity you maybe when a large corporation is a life-support for a small town anything that they do will affect the individuals who live in the particular region in either a positive or negative manner. In this case Michael Moore investigates, how Generals Motors sudden closing of factors (auto plants) has resulted in the loss of approximately 30,000 individuals out of work. Mr. Moore goes on a mission to have a sit down with the CEO of GM to get to the bottom of this predicament, and to find answers in which he fails to do so. Throughout
The Wolf of Wall Street produced and directed by Martin Scorsese tells a story of Jordan Belfort, a stockbroker living a luxurious life on Wall Street. Due to greed and corruption, Jordan falls into a life of crime and abusive activities. Belfort made millions of dollars by selling customers “penny stocks” and manipulating the market through his company, Stratton Oakmont, before being convicted of any criminal activity (Solomon, 2013). Jordan reveals behaviours and impulses all humans have, however, on an extreme level. This movie illustrates “why ethics is another tool whose importance cannot be overstated” (Delaney, 2014). Without ethics and morality, individuals can never truly live an honest and happy life.
Corporations have evolved to become a key social and political actor (Barley, 2007; Farnsworth, 2004; Farnsworth and Holden, 2006; Matten and Moon, 2008; Miller and Mooney, 2010; Schuler, 2008; Skylair and Miller, 2010).