How Corporations Became so Powerful in 6 Minutes
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- Опубликовано: 26 янв 2017
- We live in a democracy right? Well kind of. Learn how corporations became so powerful and why they became so interconnected with our government undermining our democratic system.
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Music Credits:
Soul Chef - Blind Man See
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Script:
Go to any city, any town, any rest stop in America and you’re bound to find the same old shopping centers with the same stores and the same gas stations and the same fast food as any other city. How did just a few companies gain monopoly over the entire country? You know which companies I’m talking about - the Coca Cola’s, the Shell’s, the Comcasts, you name it.
First a little bit of background about what a corporation is. The word corporation comes from the Latin word corpus which means body of people. In fact in ancient Roman law, corporate entities were recognized and even given protection under the law. Similarly today, by definition a corporation is simply a group of people who have been authorized by law to act as a single legal entity. And while most of the time we use the word corporate negatively, corporations are not innately bad. They can be bad or good just like people. However, over the past 100 years corporations have gained certain legal rights that have allowed them to gain more and more power. Again - some may use their power responsibly for good, while others recklessly for bad. Think Google vs. Exxon-Mobile.
Corporations today are super powerful for a number of reasons.
First Corporations are allowed to create Political Action Committees or PACs for short, which are basically organizations that pool money from members and donate those funds to campaign for or against candidates, ballot initiatives or legislation. For example AT&T donated nearly $3 million dollars during the 2016 campaign cycle on funding the campaigns of possible representatives they believed would put out legislation in AT&Ts best interest.
Second corporations tend to spend a lot of money on lobbying in Washington in the hopes of influencing politicians on a particular issue. For example the oil company Exxon-Mobile has spent over $200 million dollars alone over the past 20 years on lobbying. Just in 2008 the company spent over $29 million dollars in an effort to defeat legislation that addressed climate change.
Not only do corporations donate millions of dollars to the politicians they know will act in their best interest, or spend hundreds of millions of dollars on expert influencers to try and get those politicians to sign or block legislation that will help or hurt their companies, but they also employ many “revolvers” or people who were at one time government employees that now work for corporations - strengthening the connection between corporations and government further. Of the 29 registered lobbyists that work for Exxon-Mobile, 22 of them have at one time been government employees. You get the point. Of course Exxon is just one example out of many - I don’t know why I’m ragging on Exxon, but I am - if you happen to be the CEO please don’t come after me, I’m just using you as an example. Anyways the point is corporations and the government is tightly wound up within each other.
So how did this happen?
Before the late 1800s, corporations were required to be public service organizations and have a stated public purpose. In other words they were a sort of gift from a group of people to serve the public good. They were tightly controlled and very limited due to widespread public opposition. In fact a common misconception is that the Boston Tea Party was a protest between the American Revolutionaries and the King of England, but rather it was a protest by the Americans against the monopolization of the tea market by the East India Company.
It’s funny how Google was used as the example of good use of power.
Because Google went back on its slogan to not be evil? Have you got a better example?
@@adamkalb1 because Google is able to influence political opinions and swing election votes by a factor of 10% more for any given candidate as estimated in a study.
Also Google has a leftist bias in general and in a covert interview one of the workers even admitted that not controlling the search algorithms enough and letting Trump win an election was a mistake.
Yea or else they will shut down his RUclips
Doesn't want to be demonetized😅
Poor ol' Abraham Lincoln would have a heart attack if he saw the power of corporations today.
You mean Fascist America.
@@joemartin1253
Neo-Facist”
The American government is far right though.
@@EpicGamer-hn5cy The right on the political spectrum generally includes conservative values (religion patriotism) as well as the defense of a free market wether it should be free or have rules preventing mistreatment of worker's and monopolies. The left generally values progressive values such as equality and innovation through Socialism, communism, or Communism. Most people on the left are young adults (Mellenial's and Gen Z) and most people on the right are middle aged or elderly (Baby Boomers and Gerneration X)
the beauty of this man's wisdom is that he didnt need to live it to believe it... he saw it and believed it before it even happened.
@@mmendi1114 maybe he realized how deep capitalism goes into creating such a societal view that breeds such corporations.. money is the root to all evil, because we always have a justification for obtaining more of it.
This is a video everyone here in the US need to not only watch, but *understand*.
Great job.
Liberal AF
Just curious but whats the major difference between a business and a corporation? other than how they are taxed ? Would u rather we just had businesses that weren't corporations how would that be any better?
@@stuckinthemud4352 cooperations are companies who have share and stock holders like people go buy shares in the stock market or other and taxed according but small money but business is owned by single person that’s the basics difference
@@echoes9844 lol i know the difference my point is there all businesses it doesn't matter how there structured a shareholder is basically just a investment partnership. U can get rid of public shares but that wont stop large businesses from creating partnerships with investors. Its like people think Amazon wouldn't exist if we didn't have corporations lol we would still have Amazon it would just be structured slightly differently it would still have investors etc...
@@echoes9844 basically i think large business will also be able to lobby for things being a corporation is irrelevant. Money talks and large businesses have allot of money getting money out of politics is what needs to happen we need to stop lobbying not stop corporations from forming. Just my opinion.
The critical error was in the mixing of corporations with the "public good". Thus corporation suddenly found itself at the center of political conflicts. This gave corporation a huge incentive to appear as if the corporation is on the side of the solution of the conflict, not the problem. They necessarily have to mold the legislation.
This may be partly true.
The "critical error" is the teaching that the Law was done away. God's mandate upon government officers to implement His criminal and civil justice system was never taken away at the "Cross", like is commonly taught. God never took away His penalty for murder, nor His penalty for pickpocket theft.
Thus, God never removed liability from individual actor - owners of properties. The whole "incoporate to lessen your exposure to liability" strategy is basically giving God's justice system the finger. It is the "way of Cain" (Going my own way and doing things on my own while calling the Creator irrelevant).
So, you don't like tyrant multinational corporations ruling over you? Keep rejecting God and everything you try will surely get far worse for you and everyone else...and that's just what you will do. So, F you...and fjb.
They hijacked our grass roots movements and distorted them and people are fooled into thinking they are doing the right thing and hating the right people. This is how the Germans were fooled into thinking they were on the right side Big Pharma spends more money on lobbyists etc than even big oil and gas, I think twice as much. They are trying to make this all a surveillance state where they monitor and even control everything we do. The dollar is failing and they need a new system of control so digital currency linked to carbon credits and the equity sustainability type stuff where they will reduce everyone to their slaves and we won't have lives like we have known them for all of man's history. We are in deep trouble. Bill Gates satellites and his control of food, pharma, energy and technology and much much more have made him the biggest monopolizer since Rockefeller. People need to wake up. We had a good run but we have been asleep and the people at the wheel are no joke
The corporations have the power to censor public opinion in favor of their agendas. They are even controlling who goes homeless. At some point, we will all be like slaves to the corporations. Be obedient slaves, or suffer the consequences.
After everyone is slaves they will push christianity. The bible teaches people to be obedient slaves to their masters and be joyful while doing it.
@@danieldenton5721 I'm not even Christian and I know that is an egregious and blasphemous falsity.
@@WayneRoberts72 there are literally bible verses.
@@WayneRoberts72 read the bible dude
@@danieldenton5721 in my language we call people like you bozos or even schmucks… have a good life bozo schmuck. Read a book
Amazing that in a video called "How Corporations Became so Powerful in 6 Minutes" the narrator has to apologize to Exxon Mobile.
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Corporate America sucks and is depressing.
Great video! Very informative you made the learning process quick and painless. Please keep up the outstanding job!
Note how the only problems are due to the collaboration between government and corporations and not to the nature of a corporation itself. What a company can do is to offer you a product that you are free to buy. It's when they get in bad with government that problems then follow.
Nope, problems also arise when corporations have little to no competition. Then you don't have the freedom to buy a product, you have to buy it from them or else you don't get it.
Don't try to force your political ideology on reality.
ruclips.net/video/mWSO6zpHbEw/видео.html
It is through international corporations that their TREASON is being manifested, those that claim to be American, whom dress American, talk American, but their hearts are everything but American! They desire World Government even so at the expense of every individual human mind on the planet! The collaboration between government and corporation began when Obama passed that law allowing a Corporate owned Government to take control over civilian resources during peace time, whereas, in the past it was only allowed during wartime! I assure you, they are passing these laws because they have every intension of using them against us! We are controlled through International Law now, because they are not enforcing the laws that protect us nationally.
A monopoly cannot exist without government help. Separate government from our economy and the free market will run itself. Capitalism is morally superior to our current system
alexander reusens Competition will always rise if corporation’s prices are unfair, what creates monopolies is patents that dont allow others to copy.
are there any links to source material you used in this video?
Very informative, I enjoyed!
wonderful video
Actually the coolest youtuber ive come across in awhile, keep it up!
Thanks!
ruclips.net/video/mWSO6zpHbEw/видео.html
Corporations run this county now, as immortal overlords
I don't think the Lincoln quote is accurate, but good presentation on how corporations have been allowed to fester in society. I believe the only future alternative we have to provide justice and equality is for people to create cooperative corporations that can overtake the traditional corporate model. That's my take on it. Thanks for the video.
Corporations, like government, need checks and balances:
1. Unions to represent the workers.
2. Consumer protection agencies to protect consumers.
3. Chambers of commerce to represent businesses.
The problem is that the average person doesn't educate them self until we are in a crisis and they don't participate in their own governance. Corporations aren't bad, unless they aren't regulated. You don't leave a kid alone with a bag of candy and expect him/her not to eat it all.
We are approaching a time in our history that no one needs to work more than 20-30 hours a week. The other hours should be devoted to study of government, business, etc. Mindless entertainment has made the masses stupid.
In the way we supposedly have separation of church and state--we need to have separation of corporation and state. How the corporations have turned our republic into a corporatocracy is disgusting and alarming.
@@veronicazrnchik9014 I agree 100%. Corporations are controlling every aspect of our lives.
Its the mindful people that made the public mindless and massess stupid.....
what does the cartoon at the end have to do with the possible answer for limiting the power of corporations?
I also want to know. Basketball?
To limit the power of corporations we must ball harder. It is the only way.
@@aidanbarlow1027 I am impressed at your ability to read between the lines. I honestly would never have understood the meaning. I hope most people who saw this are like you.
The birth of our nation coincided with the birth of Capitalistic economies whose engines were corporations. The Boston Tea Party, 14th Amendment, Citizens United v FEC, Burwell v Hobby Lobby Stores, Inc. all illustrate a need in our society to decide just what a corporation is and what it is not. Our constitution defines for us our Executive Branch, Legislative Branch and our Judiciary. Perhaps within Constitutional Law we need to define what the definition, role, relationships, powers, limitations of corporations are within American society... like like we know the powers, relations and limitations of the President relative to the other branches, agencies, states, and the people of the US. Perhaps in a holistic fix we could thoroughly and comprehensively define what a corporation is (or is not) within the framework of a 28th amendment to the US Constitution? Corporations role and relationship would need to be addressed regarding corporate lobbying, exclusivity of laws (laws that apply only to Congress members), our spy agencies/Intelligence Community (IC), the Fourth and Fifth Estates (MSM has a credibility issue to overcome after this Second American Revolution), the military (perhaps even limiting the types of corporations who could bid on defense contracts), and it would, of course, be advisable to get an international consensus as to what corporations are. Regardless how the world defines corporations we should pursue "packaging" corporations and "putting them in a box." (Just like we packaged the presidency, the judiciary, etc.)
Good content
Large corporations should be nationalised after they reach a certain market finish line, then broken up into smaller companies and privatised back to the middle class.
That's called theft
@@stuckinthemud4352 Well theft or not theft sounds good in my mind. Corporations, specifically the suits in em ruin everything.
@@ilililil490 atleast your willing to admit it is theft.
@@stuckinthemud4352 no that's called preventing Walmart from surplanting the government
@@owowhatsthis8287 the definition of theft is taking something u don't own. If u take a business u don't own its called theft i dont care if yall voted to do it.
Thanks
Did Google pay you to be in the "use responsible" category? I'm curious.
What are the questions about corporation that are still unclear to you?
Monopoly means anything you see everywhere rather than a lack of competition apparently.
I feel as though this is a bipartisan issue! These corporations are a very strong reason why our economy and society is on a downward spiral.
Only Americans living off world don't know we live in a PLUTOcracy.
My only problem with this video is that you didnt SOURCE the heck outta everything. We need the source material to prove that what we're talking of is correct.
Good video, but FYI that Abraham Lincoln quote is difficult to attribute and might be fake.
What did that last part mean when you said how could you limit the power of corporations now an put a black basket all player on the screen
Free the Players
Sports figures can do their part by refusing corporate sponsorships which just put an identification of these figures with the corporation in consumers’ and voters’ minds.
lex showed his face
and is suffering
_so i respect him_
and wish to ask 4 his permission 1st
that's the difference!
THAT MIC?!! MY EAR
n e w W O R L D o r d e r
You right
Conflict of interest at it's finest XD
28 usc 3002 I5
Note: The Dutch Royal Shell is a (as its stated) Dutch Company, so a dutch company rules the oil market of the USA?
BP is also British Petroleum. The idea that we are owned by corporations isn't as outlandish as you might think. The Federal Reserve, for example, is a private bank. So, who owns america?
SirYeshSir , the banks obviously.
Excellent video. Horribly intrusive background music.
Wait cliff hanger -- what's your answer? =)
I don't have one. But here is a great article with 8 of them! :)
billmoyers.com/2014/11/21/8-ways-get-money-politics/
Corporations have too much power they should not be allowed to have lobbyists in order to have political leaders have favoritism for those Corporation furthermore a CEO should be held responsible for any negative or positive action corporations make corporations are not like an individual a person that's not right money buys people what a shame for the United States of America what a shame 4 the politician best interest and not for the interest of the workers and the average American
Strange how close sounding are the words, "Corporation and Corruption"
we can say or conclude that corporations are the owners,gardians and the major doers/influencers in America;organized groups of monopoly do exist around the world in many forms; but in America they are the most powerful 😎
If they create shortage their gonna be history
Sneaky.. corporations 🤔
What the hell was the answer?! I need to know
Basketball?
Start a corporation
Mr. I Get Girls stop buying products from big corporations
Funky beat
Not sure why this dude brought up Hobby Lobby. Did I miss something?
The music scares me more than the message... this ought to be taken more seriously
Corpo life all day 🤘🏾 get with us or get gone
Of course this video has to include the three sixes
Should use letters to represent businesses
I need to own a corporation...
It’s not “how can we limit corporations from interacting with government” but “how can we limit government influence on the economy.” Government is the issue, it has to be smaller
how do I cite this for my essay?? lmao no fr
We need to boycott big companies on discipline. I myself boycott nestle, coca cola, McDonald's, and apple.
ruclips.net/video/mWSO6zpHbEw/видео.html
Same here. If more people did this, the public could take back their power. Unfortunately, it is going the other way. Now the utility companies are taking over and forcing smart meters onto homes, limiting power usage, browbeating the consumer with a barrage of messages on how much power they are using, what the neighbors are using, how you compare with your neighbors etc. They are trying to bully people into and out of usage. Totally tied directly in with the government. Water companies doing the same. Right now it seems like a huge restriction on resource usage and the utility companies are in the think of it. Corrupt to the bone.
Corporate greed will be the downfall of the US.
I wonder who the CEO is planet Earth is?
Me
Abraham Lincoln did not, in fact, make that quote.
Your succinct, useful, and informative video is diluted by the distracting and annoying background music. I would either lose it or substitute something less intrusive. Just my 2¢.
Don't trade in your leased car. It could be worth more down the road.
Oh man why must you use music while I'm trying to listen to your sound instead ?! :/
So the answer is basketball. Got it.
That's not an Abraham Lincoln quote, it's a good quote but not Lincoln.
Great Information now just need to start a business where I can rip off the worthless poor
can you remove the irritating music on the foreground pls
money magic
donthaveone donthaveone n e w W O R L D
Yip babylonian money magic
FIRST!!!
That is all.
sorry, google is not good.
ruclips.net/video/mWSO6zpHbEw/видео.html
Money
Didn’t George Washington warn about corporations?
Nothing will truly change because of the way our country views/runs on money. Good ppl/corps will lose to the dollar. Because the system runs deep, and ppl will eventually cave for food/ water and shelter (if not for themselves, for their loved ones) and guess what... that costs money lol
Can you say fascism!?
Looks like Lincoln was right
People are corporations too. Strawman. We have no government they are corporations posing as our government.
Heh, that's why the government can claim things as private property, because corporations and individuals own private property. Even though the "law" states that private property is owned by non-government entities (eg. corporations). The "government" is a corporation and people like Trump and Trudeau are the CEOs. There is no such thing as public property. It's all private land or private land open to the public (eg. store). Even cities and provinces/states are considered corporations.
Read this it might help.
you was registered at birth you are now a MR OR MRS
LOOK ON YOUR CREDIT CARD AT YOUR NAME. WHY?
Well when you sign up for any thing at all
the law says you must both be a company and all
companies must trade in capita EG: MR JOHN SMITH or
MRS MARY SMITH.AND ALL COMPANIES ARE IN CAPITA AND
NOW SO ARE YOU. ALSO
THIS ONLY APPLIES IN CONTRACT LAW.
I seem to detect that a lot of people are
confused about the different laws, statute and legal.
A requirement. a statute. legal and Must. Are not the true law.
so the statute and legal law you must obey. But only If
you decided to sign a contract with wet ink and agree to
all above. All companies adopt these type of laws.
eg: Mcdonald's the power companies, DVLA Swansea,
the local Council, Credit cards, Banks , As you see
I could go on and on. Also as the years pass by there
are more and more statute laws added to these companies.
this is achieved by lobbying a member of parliament to sit in
on their executive meetings at something like 3 to £4.000
per hour. So now they can go back to parliament an implement
these changes in statute law just to make things much harder
for people to find a loop hole. Now contracts are much more binding
than ever. But I have to say if you agreed to the above with
a signed contract then pay, thats what you have signed for.
Now all above is all to do with contract laws and companies.
You will now see the difference from corporate law above
and common law below.
So, common law, also known as gods law, sovereign law,
the peoples rights law, civil law, and true law of this land.
If we disbanded our capita name, and go back to are birth name
know one on this earth can tell us what to do where to go what to say
Freedom will be your key.
People will worry about money and benefits . Why WORRY???
if you are exempt from gov tax, council tax, road tax other tax ,
you won't need benefits. Hope this helps
They became powerful because they know how to corporate very well above the average Joe.
Health care
Corporations don't innovate anything, institutions funded by tax dollars in the public sector do all the innovating, the private sector just uses those innovations to sell to tax payers who already funded their creation. The I-phone is a good example of this.
medical malpractice etc fuck shit don't last forever especially when we are judged by God especially after death
Lobbying = bribing
I say that corporations are an abomination in the eyes of the lord. And I am not even religious.
Its called capitalism
You bought their products so they got richer and more powerful at least that is the case for the C corporations.
The end.
murica needs another revolution
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No such thing as corporations equals positive for humanity. Their whole purpose is to work for the stock holders. In the end this has destroyed the soul of humanity. Profits over people.
Example is cutting costs even with the knowledge that people will die as if its cheaper to pay off the family members than to make it safer.
We lost sight and over time being sold the idea as job creation and a better way of life is only possible with corporations. Only to slowly surrender freedom to allow them to take control over our politic.
We have so few local owners of business as corporations buy them up leaving us on a limited opinion to purchase. Giving them total power to charge what ever, because we have no other options. They buy everything with one purpose to grow. How much longer are we going to remain stupid and enslaved with a false sense of purpose. Sold the idea of a dream all that is needed is hard work to make it. They only way to change is to stop playing thier game and giving value to something instead of valuing what truly matters. Our hearts
This propaganda was brought to you by Google.
Take action challenge 🤮🤮🤮
Google are the bad guys, Lincoln never started what is presented here. Crappy video.