Yesterday we noted how a corporation is a single legal “person” made up of many people – in many respects not all that different from a single person entity. However, there is a substantial difference that should be addressed regarding corporations and their potential for abuses and wrongdoings. By it’s very nature a large corporation has more power than a small company simply due to the number of individuals – its mass if you will (we could complicate the matter further by looking at types of products dealt with, market position, etc. but let’s keep it simple for purposes of this discussion). As a result a corporation has the power to have a much greater impact than any one individual – for better or for worse. The larger the corporation, the greater the potential all else being equal.
There exists a second layer to this equation as well. Continue Reading