Terminate! Terminate!

[james armstrong]

Terminate! Terminate!

The Dissolution of the Monopolies
Corporate watchers are alarmed at the size , power and ethical standards of  corporations.
Others point out that they have been given 'personal' rights  just like persons, rights which are defended by the legal system.

There is something scary when  a  "person person" and an  international corporation- 'person' are given equal  protection before the law.  This is the real life invasion of the triffids.

But they are not equal. This can be simply demonstrated.
A person's life is finite. We hear  that in  parts of the third world like Glasgow ( Humfrae Glesca,) the average age at death is  below sixty years.  
A corporation, in theory and practice, has an infinite  life. 
Corporation- persons  are   not mortal. Some companies are hundreds of years old. Many  giant corporations with household names have now outlived  their founders and all the people alive to-day. 
Of course some  fail  to survive, but their status is indeterminate, not mortal..  

But this  indeterminate status is not natural. Like their 'personality' it is a legal construct.  
This suggests that to even things up, to restore  the  rights of person persons, a  terminal date of companies existence should be set by the Companies Act  at their date of registration,and  should be  incorporated in their memorada and articles of association -their 'mem and arts' birth certificate.  

Deciding an appropriate life span and devising arrangements  for dissolving the company at the termination date is  not beyond the wit of man, and investors will be aware of this intimation of mortality at the outset. Conditions for any mergers and take-overs can  be set with relation to the expired age of  the potential associated company. A dissolution including fragmentation and benefiting the employees would seem appropriate.

The danger was recognised in the middle ages.
The Statute of Mortmain of 1279 limited grants of land to the church 
The crown recognised that the church had the advantage of endless  life  and otherwise such grants would permanently alienate land into the dead hand- 'mort main',  of the church.
Here is a legal precedent acknowledging the principle of removing  the advantage  which a  non person corporation holds  (in the case of the medieval church , the first non person corporation,) over a person- person .
Then the monarchy-corporation re-asserted its right against that of the  church corporation.
The chosen battle field was land , and the control of the people living there who generated the wealth of the land.
Recording this corporate contest is the nonsense and mis-information which is taught in schools and passed off as the stuff  of  British history, while the achievements  of the people who were exploited by both corporations is confined typically to chapters on  'rural conditions' and 'towns and trade'
Person corporations, including the monarchy corporation,  still own  most  land and nearly all bulk land.  and use it to exploit person-persons, who don’t own bulk land. Now the need is for person persons to recognise   their disadvantage  and reassert their right. The choice is between  a person person democracy or a corporate person  monopoly. 
The solution we recommend is Terminate! Terminate!                           James A, Dorchester.  Sep.08