Cooperate Personhood

Topics: Facebook, Supreme Court of the United States, Corporation Pages: 3 (1243 words) Published: January 25, 2013
Corporate Personhood

Corporate Personhood
Corporate personhood is the concept that a company or business has legal recognition by the court; it simply means that the corporation has the power or ability to enter into contracts, to hire and fire its employees, to sue and to be sued, to make speeches freely and to hold property just like any other individual (Diamond, 2012). Corporate personhood was recognized first in the year 1886 by the Supreme Court of the United States in a ruling during a case between the Santa Clara County and Southern Pacific Railroad. The main reason that they were targeting then was to give corporations the legal rights of people in order to maintain minority rule and to avoid democracy. In this essay we get to discuss the challenges that have come with corporate personhood, its impact on other businesses and the community at large. We also get to look at the current affairs and state of corporate personhood. In comparison, of the two articles which are, The endangered public company and the Occupy Santa Clara Corporate personhood recognized, we get to see some of the points in which the two articles concur and those that they differ. We are also going to look at the Strength and Weaknesses of their decision or arguments. The title endangered public company comes into use because the corporations are being targeted for closure, some people are of the mind that corporations have been given too much power and they end up ruling us instead of us controlling them (The Economist, 19 May 2012). Corporations are doing a lot of damages and injustices to other small businesses and due to the fact that it cannot be punished or fined. It avoids justice which many people think or feel is not fair for the community. Everyone should be answerable for the mistakes they commit and no one is above the law. In one of the articles that critics are challenging corporate...
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