What were the founder's views on Corporations

[pochy1776]

Many people anti libertarians say that the founding fathers were not all that anti government or libertarian, and actually hated corporations.
So, what were the founders true intentions on corporations, didn't they try limiting them to a 20 year charter until 1900?

 

[pochy1776]

bump.

 

[beaven]

Corporations are non-human persons created by the state. That is distinct from a company or other organization. As such, you can be very libertarian & hate corporations. In fact, it seems to go hand-in-hand.

 

[Anti Federalist]

Corporations are non-human persons created by the state. That is distinct from a company or other organization. As such, you can be very libertarian & hate corporations. In fact, it seems to go hand-in-hand.

Pretty much where I am at.

Once again, the Anti Federalists were right:

Jefferson wrote in 1825 to William Branch Giles of "a vast accession of strength from their younger recruits, who, having nothing in them of the feelings or principles of '76, now look to a single and splendid government of an aristocracy, founded on banking institutions, and monied incorporations under the guise and cloak of their favored branches of manufactures, commerce and navigation, riding and ruling over the plundered ploughman and beggared yeomanry."

http://www.monticello.org/site/research-and-collections/end-democracyquotation

(Yes, I am aware that Jefferson was not a "true" Anti Federalist, being in France at the time.)

 

[pochy1776]

can anybody debunk the video, this guy hates libertarians.

 

[Natural Citizen]

can anybody debunk the video, this guy hates libertarians.

The author wasn''t thorough in his history. Prety much just wanted to point out the redundance in the tea party...ish shenanigans we saw in '08.

Here's what he left out.



Also, this paper is around 65,000 characters but the most importand information you'll ever need to read regarding such discussion.

Corporate Personhood versus Democracy by William Meyers... http://www.iiipublishing.com/afd/santaclara.html

I'll just say this regarding the topic of discussion you have presented for debate. There are legitimate points to be made relative to the libertarian contribution to corporatization. Many are misguided when they discuss the free market and instead support government run markets blindly. Which is another glass of water initself but as we see them hop in the basket of eggs (and, yes, they do want all of their eggs in one basket) the establishment GOP is filling up for themselves, the process of addressing it actually becomes easier for those who do want to address it, expose it,...and fix it.

 

[Dogsoldier]

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered...I believe that banking institutions are more dangerous to our liberties than standing armies... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."Jefferson

Isn't this what he was talking about?

 

[demolama]

Problem with his first video is it skips 100 years of history. The antebellum period was filled with government created and protected monopolies (see state chartered banks). It is also filled with government protected industries, such as protecting textile mills from liability if they dam up a river causing damage to a farmers land. States always protected banks from failure, mainly because most politicians were stockholders in their local banks. Kickbacks in the form of bank stock was given to lawmakers should the legislature approve the charter of the bank. Let us not forget protective tariffs on "fledgling" industry, such as iron works. What about monopolies granted to make bridges or to ferry people? (see Charles River Bridge v. Warren Bridge). Nineteenth century is filled with state interference and protected industries. So to say the Founding Fathers were against monopolies is just insane. They just hated British monopolies and wanted to create their own.

 

[demolama]

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered...I believe that banking institutions are more dangerous to our liberties than standing armies... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."Jefferson

Isn't this what he was talking about?

Not a real Jefferson quote. Deflation and inflation when talking about currency did not exist in Jefferson's time, only prices of consumer goods were known to be effected by inflation or deflation.

 

[Seraphim]

Yes, this.

"Liberals" and socialists have one intellectually crippling argument to their "free market" hate. They hate corporations - which are STATE creations.

Markets create companies, enterprises, production lines - but it is the process of INCORPORATION (by The State) that grants these entities the special priviledges that these "soft commies" abhor...and then believe a large State will solve the issue. Mind numbing.

Corporations are non-human persons created by the state. That is distinct from a company or other organization. As such, you can be very libertarian & hate corporations. In fact, it seems to go hand-in-hand.