Is corporatism really capitalism or is it a veiled form of socialism for the rich?

Should we abolish incorporation and return to the two other business structures, single proprietorships and partnerships. Does the ability to hide behind an artificial entity make it easier for the real people who manage them to be irresponsible? I believe that it does and apparently so did the majority of our founding fathers. Of course, if we eliminate corporations, we would also have to modify the capacity to sue a company for frivolous reasons, which was the primary original purpose for incorporating in the first place. Would it be worth it to do so? What irks me, a former small businessman, concerning incorporation is that so few CEOs of large modern companies are the men or women who created them. I personally feel that a person who works in the corporate world for his entire life is much like a government bureaucrat and has no concept of the hardships that a true entrepreneur must endure to become successful. I also believe that it is much easier for a corporate leech to pillage a company that he merely works for than it would be for a founder of the company. It's a matter of pride that a person who has never been through the process would not understand.

Asked By: Ryunkin - 12/10/2009
Best Answer - Chosen by Asker
I think both some of the Americans and Hong Kong citizens are skeptical on the capitalism. More appropriately should have described America liberal capitalism and Hong Kong is definitely a fascist city of named as SAR (Special Administration Region) which with slogan of running Hong Kong by the local peoples. However... More
Answered By: Guo Lo C - 12/10/2009
Additional Answers (0)
Sponsored results
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Click. Search. Apply. Free!
Jobs hiring near your local area. Part-time, Full-time, Work at home.
Sobre 287 Trabajos en tu area. $15-87/hora - Aplica Ahora.

Other Career Questions

What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
3 answers - Asked By: drop pants not bombs!.♥ - 3/2/2010
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
4 answers - Asked By: bayebd24【ツ】 - 11/21/2007
Hi ok im 19 and about to start college to do an acess course into a university. Ive been browsing through all the courses and im tottaly stuck! I thought politics but im scared ill end up with some r...
1 answers - Asked By: roseparkerly - 1/26/2009

Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.

Popular Articles

Best-Paying Work-from-Home Jobs Article Rating
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook Article Rating
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
For Employers: Post Jobs | Search Resumes | Advertise
About Monster | Work for Monster | Advertise with Us | AdChoices | Partner with Us | Investor Relations | Social Media
Terms of Use | Privacy Center | Accessibility Center | Help | Security | Contact Us | Sitemap | Mobile
©2014 Monster - All Rights Reserved U.S. Patents No. 5,832,497; 7,599,930 B1; 7,827,125 and 7,836,060 MWW - Looking for Monster Cable? - V: 2014.1.40.24-209