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THE CORPORATION [4/23] Externalities
4. What is an externality? Milton Friedman describes it as the effect of a transaction between two parties on a third party who is not involved in the transaction. A technical
sounding term that basically means let somebody else deal with the problems the corporation creates.
For a playlist of all 23 chapters in order: http://www.youtube.com/view_play_list?p=FA50FBC214A6CE87
Length: 132
Rating: 4.60 (94 ratings)
Tags: The Corporation Documentary Chomsky globalization global warming environment michael moore milton freedman Externality
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THE CORPORATION [5/23] Case Histories
5. Case histories can be used to diagnose the kind of personality that makes the corporation
an externality-creating machine. Externalities such as harm to employees through the use
of sweatshops: the exploitation of Third World countries' employees resulting in a huge
discrepancy of price versus cost. Other externalities such as pollution and adverse health
effects emerge. These include the genesis of the petrochemical industry and links to
cancer, birth defects and other toxic effects. Another externality is harm to the biosphere
or the environmental costs resulting from the way corporations operate, costs that will be
passed off to future generations. Have we created a doom machine?
For a playlist of all 23 chapters in order: http://www.youtube.com/view_play_list?p=FA50FBC214A6CE87
Length: 1373
Rating: 4.80 (179 ratings)
Tags: The Corporation Documentary Third world contry poverty externality
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Edited The Office Excercise Ball
This video has been edited for rated G viewers
Length: 63
Rating: 4.80 (33 ratings)
Tags: The office Excersie Ball
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The Corporation -5- Case Histories
Playlist Full Movie http://www.youtube.com/view_play_list?p=7E3A3897A9E0B79F
http://www.thecorporation.com
5 -Case Histories- Case histories can be used to diagnose the kind of personality that makes the corporation an externality-creating machine. Externalities such as harm to employees through the use of sweatshops: the exploitation of Third World countries' employees resulting in a huge discrepancy of price versus cost. Other externalities such as pollution and adverse health effects emerge. These include the genesis of the petrochemical industry and links to cancer, birth defects and other toxic effects. Another externality is harm to the biosphere or the environmental costs resulting from the way corporations operate, costs that will be passed off to future generations. Have we created a doom machine?
WINNER OF 26 INTERNATIONAL AWARDS! 10 Audience Choice Awards including the 2004 Sundance Film Festival.
Provoking, witty, stylish and sweepingly informative, THE CORPORATION explores the nature and spectacular rise of the dominant institution of our time. Part film and part movement, The Corporation is transforming audiences and dazzling critics with its insightful and compelling analysis. Taking its status as a legal "person" to the logical conclusion, the film puts the corporation on the psychiatrist's couch to ask "What kind of person is it?" The Corporation includes interviews with 40 corporate insiders and critics - including Noam Chomsky, Naomi Klein, Milton Friedman, Howard Zinn, Vandana Shiva and Michael Moore - plus true confessions, case studies and strategies for change.
The film is based on the book The Corporation: The Pathological Pursuit of Profit and Power by Joel Bakan.
Google full Movie:
http://video.google.ca/videoplay?docid=192012118972057552&q=the+corporation&total=16657&start=0&num=10&so=0&type=search&plindex=3
Length: 592
Rating: 0.00 (0 ratings)
Tags: corporation greed exploitation corruption documentary
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- The Corporation - Legal Person - 2of14 -
The Pathological Pursuit of Profit and Power
- Case Histories - 3of14 -
http://www.youtube.com/watch?v=5nwqqG_5-3k
A Legal Person
A black-and-white clip is shown of two actors discussing how to create a corporation. One of the characters states that a corporation is in fact a legal person. After this, Noam Chomsky explains that a corporation is a very special kind of person with no moral barometer, solely concerned with generating the maximum profit possible for its owners. Various people are then interviewed and asked to explain what type of person they would describe particular corporations as. For instances, General Electric is a kind old man and Nike is young and energetic. Several interviewers refute this claim, saying that legally the corporation must look out for the interests of its shareholders above all else, including the environment and the community. In corporations' efforts to minimize cost and maximize profit they came up with externalities. Milton Friedman explains that an externality is the effect of a transaction between two parties on a third party who is not involved. Such externalities include the use of national militaries to secure oil rights for energy corporations, and governments that provide roads and bridges to drive automobiles on.
are you informed
http://truth-tv.org
magical brew of musical stew
http://beautifulevil.net
Length: 659
Rating: 4.90 (27 ratings)
Tags: You CAN Handle The Truth Big Business Free Trade Globalism NWO web series
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The Cat Story
The controversial tale that has captivated, intrigued, and horrified audiences everywhere now becomes a cinematic experience. Dean Simmons, a bubbly German-speaking high school teacher, engages in one of the oldest and most timeless battles of all time: Man vs. Cat.
Length: 481
Rating: 0.00 (0 ratings)
Tags: Simmons Negative Externality Economics CAt
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