1. Your business becomes successful to the point where you decide that you no longer want to take responsibility of it, however you decide to keep your status by renaming your position as CEO, CFO, etc. so that you can determine your own ridiculous salary and sell your stocks to "shareholders" who then take responsibility of your business. Furthermore, if your company is a bank you can then purposely go bankrupt so that the government can bail you out to give yourself a bonus in addition to your ridiculous salary because the taxpayers will pay it and they don't have any say-so in the government. You can also donate money without paying taxes to a politician's shell corporation so that nobody will ever know it was you "on record." You also (wrongly) assume that the average taxpayer is too stupid to know what's going on here.
2. An expletive used to describe anything that amounts to investment without return.
2. An expletive used to describe anything that amounts to investment without return.
I should incorporate my business so that I can sell stock to people and then purposely go bankrupt, get bailed out, and give myself a bonus on top of the ridiculous salary I already make!
or
Hey, did you see that new car that Tom bought for $50,000? It's made out of plastic and duct tape. It's a real piece of corporation!!!
or
Hey, did you see that new car that Tom bought for $50,000? It's made out of plastic and duct tape. It's a real piece of corporation!!!
by Trismegistus97 February 09, 2013
by Democracy is Dead April 15, 2010
An entity that remains free to continue to do as it damn well pleases after being convicted of criminal activity that would have been a capital offense if an individual had committed it.
by Downstrike June 05, 2004
the real controllers of the world. and no its not just America.
Money controls everything. take control of a countries economy, u practically are the king.
Money controls everything. take control of a countries economy, u practically are the king.
the top 3 corporations in the world: Exxon/Mobile General Motors Ford, individually make more revenue then all but 6 countries in the world.
by Dong Woo November 13, 2004
Something that doesn't really need to be greedy, but in reality, is.
CEOs in America make thousands of times more than their employees. In Britain, they only make about six times as much.
See that CD you just bought for $15? It cost about 1 cent to make it. How much does the artist get? About 50 cents or less per CD. How much goes into the laborers that made the CD? Well, seeing that it was either made by machines or minimum-wage workers (to assemble the case), the electricity/labor cost per CD is probably 5-10 cents. Let's round up and say it's a dollar total. So where's the rest go? Into the corporation.
The Rock Against Bush CD cost $7 (if you buy it directly from the producer). That's less than half the price of a typical CD. That shows that it is possible to have cheap CDs.
An ideal corporation always puts its employees before its executive office and always puts its consumers before its profit. But of course, none of this happens. We see people get laid off so that the exectuive's stock can go up a half of a point. We see goods that cost a dollar to make being sold for twenty. We see them exploiting the children of third-world countries.
Don't give me crap about how they want the job. It's exploiting, regardless of whether they want it or not. Since when do Americans deserve more rights than Africans or Chinese?
Oh, and corporations basically have the government and media in its pocket. Corporations buy the presidency through donations. Enron donated $114,752 to the Republicans and $102,050 to the Democrats. Then, when they're elected, the do whatever the corporation wants. Oh, and they control the media too. Microsoft controls NBC, Fox controls Fox news, etc. Liberal media my ass. It's not a liberal media, it's not a conservative media. It's a profiteer media. Meaning, anything that will get them a profit, they will report.
CEOs in America make thousands of times more than their employees. In Britain, they only make about six times as much.
See that CD you just bought for $15? It cost about 1 cent to make it. How much does the artist get? About 50 cents or less per CD. How much goes into the laborers that made the CD? Well, seeing that it was either made by machines or minimum-wage workers (to assemble the case), the electricity/labor cost per CD is probably 5-10 cents. Let's round up and say it's a dollar total. So where's the rest go? Into the corporation.
The Rock Against Bush CD cost $7 (if you buy it directly from the producer). That's less than half the price of a typical CD. That shows that it is possible to have cheap CDs.
An ideal corporation always puts its employees before its executive office and always puts its consumers before its profit. But of course, none of this happens. We see people get laid off so that the exectuive's stock can go up a half of a point. We see goods that cost a dollar to make being sold for twenty. We see them exploiting the children of third-world countries.
Don't give me crap about how they want the job. It's exploiting, regardless of whether they want it or not. Since when do Americans deserve more rights than Africans or Chinese?
Oh, and corporations basically have the government and media in its pocket. Corporations buy the presidency through donations. Enron donated $114,752 to the Republicans and $102,050 to the Democrats. Then, when they're elected, the do whatever the corporation wants. Oh, and they control the media too. Microsoft controls NBC, Fox controls Fox news, etc. Liberal media my ass. It's not a liberal media, it's not a conservative media. It's a profiteer media. Meaning, anything that will get them a profit, they will report.
Damn, I hate those money-mongering corporations. It's a pity no one can do jack shit about them though.
by DrIdiot June 28, 2004
Entity that can, and usually does, abuse its employees, investors, and customers. Led by individuals called executives, who care only about playing golf, porking each other's trophy wives, and lining their own pockets.
by Anonymous October 06, 2003
Total ownage of all there is including your mind and your life.
All your base are belong to us.
And there is nothing you or anyone else can do.
All your base are belong to us.
And there is nothing you or anyone else can do.
by Light. April 27, 2005