SUMMARY OF " THE CORPORATION"
United States is the country where it is better to invest.
What is a corporation? is the way of owning a business, to achieve several objectives.
The birth of the modern corporation was born in the industrial age in 1712 (it was for public benefit)
externality: the effect of a transaction (the idea of let someone else take care of another) that is based on a comparison.
Stories corporations: many countries create free trade by creating incentives and taxes are higher.
Mansant: evidence from rBGH cows
European land grabs, people belonged to land, cultivated land collectively.
Wealth is created only when it is private.
Public institutions have many benefits can maintain employment in times ofrecession.
"Mark is not advertising production (invasive)
QUESTION
One of the criticisms in the movie is “without externalities, no manufacturing industry is sustainable”. Do you agree? What could be done in this phenomenon?
I agree because if you do not know half the things progress the industry will not work for example if a teenager likes computers and all q is evolving and no one knows that thisforward and how it changes your perception and knows no competition, the industry willdesapreciendo because the concept of externality is related to innovation.
Even if this video gives an example of transportation you might look at it, i liked her way of thinking in aspects of sustainability
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