Dustancostine
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- Joined
- Jun 27, 2007
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She mentions corporations? The word itself? That's funny because CORPORATIONS as we know it are sanctioned and organized by the state itselfcorporations are not natural elements in free markets.
She does not talk much about corporations but here is some of here thoughts on the subject:
Ayn Rand on Contracts:
In a free society, men are not forced to deal with one anther. They do so only by voluntary agreement and , when a time element is involved, by contract. If a contract is broken by the arbitrary decision of one man, it may cause a disastrous financial injury to the other..... This leads to one of the most important and most complex functions of government: to the function of an arbiter who settles disputes among men according to objective law.
Leonard Peikoff (another objectivist) on Corportations:
A corporation is a union of human being in a voluntary, cooperative endeavor. It exemplifies the principle of free association, which is an expression of the right ot freedom. Any attributes which corporations have are attributes (or rights) which the individuals have-including the right to combine in a certain way, offer products under certain terms, and deal with others according to certain rules, for instance, limited liability.
An individual can say to a shopkeeper, " I would like to have credit, but I put you on notice that if I can't pay, you can't attach my home-take it or leave it:. The shopkeeper is a cooperative productive endeavor which gives a similar waring explicitly. It has no mystical attributes, no attributes that don't go back to the rights of individuals, including their rights of free association.
BTW: I have mixed feelings personally about corporations.