The documentary shows the development of the contemporary business corporation, from a legal entity that originated as a government-chartered institution meant to affect specific public functions to the rise of the modern commercial institution entitled to most of the legal rights of a person. The documentary concentrates mostly upon corporations in North America, especially in the United States. One theme is its assessment of corporations as persons, as a result of an 1886 case in the Supreme Court of the United States in which a statement by Chief Justice Morrison Waite[nb 1] led to corporations as "persons" having the same rights as human beings, based on the Fourteenth Amendment to the United States Constitution.
Topics addressed include the Business Plot, where in 1933, General Smedley Butler exposed an alleged corporate plot against then U.S. President Franklin D. Roosevelt; the tragedy of the commons; Dwight D. Eisenhower's warning people to beware of the rising military–industrial complex; economic externalities; suppression of an investigative news story about Bovine Growth Hormone on Fox affiliate television station WTVT in Tampa, Florida, at the behest of Monsanto;
Externalities... Basically when corporations do something that causes harm or cost to others then the other people are responsible for fixing the mess.
The documentary shows the development of the contemporary business corporation, from a legal entity that originated as a government-chartered institution meant to affect specific public functions to the rise of the modern commercial institution entitled to most of the legal rights of a person. The documentary concentrates mostly upon corporations in North America, especially in the United States. One theme is its assessment of corporations as persons, as a result of an 1886 case in the Supreme Court of the United States in which a statement by Chief Justice Morrison Waite[nb 1] led to corporations as "persons" having the same rights as human beings, based on the Fourteenth Amendment to the United States Constitution.
Topics addressed include the Business Plot, where in 1933, General Smedley Butler exposed an alleged corporate plot against then U.S. President Franklin D. Roosevelt; the tragedy of the commons; Dwight D. Eisenhower's warning people to beware of the rising military–industrial complex; economic externalities; suppression of an investigative news story about Bovine Growth Hormone on Fox affiliate television station WTVT in Tampa, Florida, at the behest of Monsanto;
Externalities... Basically when corporations do something that causes harm or cost to others then the other people are responsible for fixing the mess.