Thursday, July 7, 2011

How can a company like a person

How can a company like a person


How can a company like a person


This is the VOA Special English Economics of http://voaspecialenglish.com

Recently, the U.S. Supreme Court decided a large
Case about political speech. The political discourse
The most protective of freedom of expression in the Constitution.
It used to be citizens of the United States from the Federal Election Commission.
The question was:
With the political discourse,
Companies do not have
The same rights as people?
Vote of five against four,
Conservative majority
Court: Yes. Companies can trade unions and other organizations now go as they like for their efforts to elect independent
Or defeat of candidates.
This decision is based on the idea
United States and many of the
Other countries that the company is a company.
Historian says Jeff Sklansky slow turning point in the character of the American companies began with the Supreme Court decision in 1819.
He said that states can not interfere
Contracts with private companies to create. In its resolution,
The head of the Supreme Court John Marshall's company as "artificial being" is a "creature of statute."
The decision was unpopular.
He came as Americans have resisted major companies such as First Bank
United States, hired
By Congress. Some states have passed
The same laws may modify or even cancel the charters of companies.
After the Civil War in the sixties and eighteen, and was added to the Fourteenth Amendment to the Constitution.
It provides that no State may "deprive any person of life,
Liberty or property without due process of law ... "
If the company is legally a person, and can then countries that are not
Limit the rights of work without
Due process of law either.
Initially, it is not full recognition to companies and individuals.
But Jeff Sklansky at Oregon State University refers to the change.
He said the Directorate General
The Supreme Court and federal courts to recognize the companies and persons with Fourteenth Amendment rights the same as individuals.
After companies have the right
That real people do not:
Limited.
For example, the company can
Expose themselves to civil fines or criminal
And that the perpetrators can be individual
Go to prison. But limited: company shares is not the responsibility
Shareholders.
Jeff Sklansky argues that development in the nineteenth century of the limited liability company helped in the formation of
Modern society.
And it's VOA
English economy report.
Next week, and more companies
And the law.

(Adapted from Radio 05Mar2010)




How can a company like a person

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