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So we have huge corporations rampaging over the Earth and - no one is in charge?

No wonder there are problems.

Although in fact many of the more aggressive and pernicious corporations are run as personal kingdoms. You don't need to know what the foot soldiers had for dinner to run an empire - you only need them to charge when you order them to. So the required information density can be quite low.

The core issue is really one of values. The battle is between democratic, pluralistic communitarianism, and oligarchical narcissistic quasi-monarchic self-aggrandisement.

There's no reason why you can't have a democratic, pluralistic and communitarian business collective. It's not a difficult thing to organise.

But the problem at the moment is the moral lockdown on the idea that this is a good thing to aim for. Narrative space is so poisoned with narcissistic individualism that it's like dealing with a culture of solipsistic sleep walkers, all of whom believe that reality doesn't apply to them - and that success is defined by the ability to impose reality on other people, rather than by allowing a rational consensus balanced by adventure to emerge.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Mon May 24th, 2010 at 08:15:44 PM EST
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Nobody is "in charge" in the sense that there is somebody (or a small group of people) you can shoot to make things better.

If society wants to make corporations "better," it first has to figure out what it wants to use corporations for. At the moment, society has decided to deploy corporations in the service of ever greater material consumption, and the personal aggrandisement (and enrichment) of top corporate executives.

If we want corporations to remain in the service of "more," but cut back on the enrichment and personal aggrandisement of top executives, then management reform on the lines proposed above would probably do the trick. But if we also want the corporation to serve (or at least not obstruct) broader political and social objectives than the ever-faster conversion of raw materials and labour into consumer goods, we will have to engage with the levels below the top executives as well. Because the creed of "more" is quite well established in these lower levels (and it serves the organisational interests there very well, so it's not going to go away on its own).

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Mon May 24th, 2010 at 09:46:24 PM EST
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My point is that creating "a democratic, pluralistic and communitarian business collective" might be even easier than you think: simply reform who gets to sit on the corporate board of directors. Corporate law is completely free and loose on this matter: anything you can think of is legal and easily doable, if there is the political will.

I agree with Jake S below, though, that it is difficult to get workers not to prioritize their own incomes and benefits over wider community and/or national/global interests, even if there is a minority community/regional/national representation on corporate boards. But that's why you will still 'always' need a government independent of workers' and capitalists' (and creditors') narrow interests.

fairleft

by fairleft (fairleftatyahoodotcom) on Tue May 25th, 2010 at 12:24:27 PM EST
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