Edward Freeman, in his book Strategic Management: A Stakeholder Approach argues that the human body needs red blood cells to live, the same way business entities need profits to survive. However, the main purpose of life is not to make blood cells just as businesses do not exist for the sole purpose of profits. However, an analysis of the role played by major corporations in the modern society shows that businesses influence the creation of the modern society. The influence extends to entities such as education, the media, and in some cases, the government, and the rules and customs that shape the behaviors and beliefs of humanity. Vast corporations use their money, socio-economic and political influence, and power to create a society that serves their interests and a world that justifies and supports the destruction of health, beauty, and life and the devastation of the biosphere in the guise of increased growth.
As a structure and a form, a corporation is comparatively benign and provides methods for individuals to unify their capital and efforts a mission, which is in most cases aimed at benefiting the society. Corporations consist of aspects such as organizational structures, protocols, leadership, purpose, policies, culture and facilities, which work together to ensure the growth of businesses. If run by an equitable, ethical, and socially responsible management and supported by like-minded clients and shareholders, corporations can positively benefit the biosphere. However, when controlled by corrupt, power hungry and greedy people whose mission is to make profits by turning a blind eye to injustices and destruction, a business can become powerful and dangerous to humanity. To understand this point, one should look at the structure of the business corporation just a century ago and compare it to the modern business norms. Approximately a century ago, the business corporation was an inconsequential institution. However, the modern businesses are dominant institutions and influence practically all important facets of human existence. A classic example is the internet industry, which even though invented to aid in communication, has today taken over and dictates how humans live, the rules they abide by, and the messages they exchange via the various social media sites.
Social Networking and the Death of Internet is an article authored by Alfred Lopez and that focuses on the power of the internet, especially social media sites and how they dictate the type of information internet users share on the respective platforms. According to the developers of the World Wide Web, their objective was to create a platform for people to communicate as much as they want to whomever they wanted at any time. To achieve this, it was critical to ensure the neutrality of the Web (Lopez). Their invention was supposed to remain uncontrolled and free from government and corporate interference. A few decades later, that is no longer the case. The government has taken over the control of the internet and has successfully brainwashed users to believe that it is a privilege that should be purchased. Today, many people understand the internet via Social Networking Programs such as Twitter, Instagram, and Facebook. Strangely Social Networking represents a total contradiction to the internet and has created a controlled environment, whereby, users have to abide by a certain code of ethics to use Facebook or Twitter. For instance, to use Facebook, one has to abide by its regulations, that is, use it the way the developers want the users to – a law that goes against the objectives of the developers of the World Wide Web. The information shared by Facebook users becomes the property of the company. The management uses it in its marketing studies as well as advertising profiles, thus growing its profit margin at the expense of the users. The user’s information can also be released to the government without their consent since it legally belongs to the company and any person or entity that wants to read or publish the information (Lopez). Also, Facebook allows users to share their personal information while making it impossible to contribute crucial information. The regulations have, therefore, limited the users’ contribution to the world while using their personal data to conduct research studies on how to continually enrich the Social Networking Companies.
Studies show that it is not only internet companies that have economically benefitted at the expense of humanity. It is strange that the countries that produce the highest levels of food suffer from famine and starvation. In the article, The Rich get Richer, the Poor go Hungry, the authors maintain that starvation is usually caused by poor politics and socio-economic inequality. Even though modern systems have focused on raising the levels of food production, it is evident that the world produces more food that is needed to sustain the modern population. However, inequality, especially in terms of wealth, food, and land access has continually limited the amount of food accessed by people in different demographics. Major corporations in countries with the high food production rates continue to profit through food exports. Studies show corporations in countries such as Ethiopia and Brazil export food to developed nations, leaving their people with little to eat. In fact, some of the poorest nations in the world have the power to feed themselves, or can in a society with reasonable distribution of resources (Astyk and Newton). It is almost impossible for the modern society to understand their role in the creating of the food insecurity and the elevated levels of poverty, especially in third world nations, since many believe that the modern economy is based on continuous growth. Corporations have created the idea that the continued accumulation of wealth by the rich will benefit the less fortunate in the community. The notion has created a society, whereby rich people, societies, and nations continue to stabilize their economic structure while the poor survive on loans and other financial aids, which hardly cater to their socio-economic and political needs and shortcomings. “Multinational food companies have worked their way into the food budgets of the poor”(Astyk and Newton). While many families in developing countries cannot afford several meals in a day, these companies continue expand and stabilize their economic position. Like the internet companies, corporations involved in food production and supply continue to ignore their negative effects in the society as they are more concerned about making profits. As a result, they have eroded the business traditions advocated for and followed by enterprises operating approximately a century and a half ago.
Big business companies use their socio-economic and political influence, money and power to create a society that protects their interests as well as a biosphere that rationalizes and supports the damage of good health, splendor and life.Instead of positively impacting the society, these corporations have continued to negatively impact the lives of the people, by limiting their freedom as well as socio-economic and political stability. Even though the creators of the World Wide World aimed at creating a platform that could be used by the society to communicate, the same platform is today exploited by social networks, which dictate how and what information is shared online. Multinational companies have also increased the level of poverty in third world nations by selling food supposed to feed the starving nations. Without proper regulations, corporations will continue to brainwash the society into abiding by ludicrous norms and living in destitution.
Astyk, Sharon, and Aaron Newton. “The Rich Get Richer, the Poor Go Hungry.” Utne, www.utne.com/environment/starvation-food-shortage-inequity-politics-poor.
Lopez, Alfredo. “Social Networking and the Death of the Internet.”Www.counterpunch.org, 11 July 2015, www.counterpunch.org/2013/05/08/social-networking-and-the-death-of-the-internet/. Accessed 25 June 2018.