Esoteric Dissertations from a One-Track Mind

April 15, 2008

Vanity Fair: Monsanto’s Harvest of Fear

Filed under: politics — Tags: , — codesmithy @ 8:11 am

Vanity Fair has a good article on some of the underhanded tactics Monsanto uses to pursue profits. The important thing to note is not that Monsanto is beyond the par, but rather it is a typical corporation. While it may not be the best corporate citizen, it is also not the worse. The collusion that exists between corporate power and government power is not extraordinary, it is typical.

The goal of a corporation is simple: internalize profits, externalize costs. Your health, your environment, your property, all these are externalities to at least one corporation. The inequities of the legal process and the inability to absorb costs is one of many structural constraints corporations utilize to pursue higher profits and get their way. It isn’t that a corporation is an immoral institution, it is an amoral institution. The institutions of government are under the sway of not democratic control, but rather corporate control. The Vanity Fair article shows the downside of this corporatism.

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