A corporation is an organization, usually a group of people or a company, authorized by a state to act as a single entity (a legal entity; a legal person in legal context) and recognized as such in law for certain purposes. Early incorporated entities were drawn up by charter (i.e. by an ad hoc act granted by a monarch or passed by a parliament or legislature). Most jurisdictions now allow the creation of new corporations through registration.

Pictured above is McDonald’s,

Pictured above is McDonald’s, a worldwide corporation, which although fairly benign does extend its relations and subsidiary connections to influence the way in which farming is done globally. In turn, this relates to Monsanto, and their grip over GM produced seeds which are designed deliberately to be very resistant to diseases. Sounds great until you realize that then you must use the sprays and chemicals that they sell you, to ensure that this stays true. Then there is the subject of the terminator gene; this results in the fruit of any plant grown from Monsanto seed to be unproductive, infertile and baron. So, its then no use saving seed for next year as this will never grow! This is just a glimpse at how the global corporate structures are all interlinked; how they influence decision and totally control the policy and our lives. Just to make it perfectly clear Wikispiracy does not believe that McDonald’s is by any means the worst corporation on our planet. There are far worse examples!

Interchangeable

A company and a corporation are almost interchangeable names. The word Incorporate, means to transform a legal entity (on paper), to have the same rights as has a person; yet in a court of law, this entity is and must be referred to as it and not they. The starting place in history for corporations was a story of solving a need and one of collaborative and expedient work. An example of this might be a corporation assembled to build a bridge that is needed in a city. This use of collective funding was and still is effective and useful.

So, are all corporations a good idea?

This is a huge question and one which right now needs looking at, as the sheer size of global corporations and their near absolute control over commodities makes these organisations supra-governmental (above government). Also, they now have a massive domination over our planet, our lives, our media, the news, and they do not want to stop there. Indeed, the owners of major stakeholders in these huge entities are totally addicted to power!