I would think that we're not going to abolish corporations but in a sense I would like to see a whole lot more corporations, but much smaller. I think the corporation has allowed far too much concentration of economic power and I think it is become the major obstacle to policy nowadays, particularly in the so-called globalizing world because as the world moves to globalization and the nation state becomes less powerful in its policies, it is the corporation that is less controlled and that is more free and it goes into the global space without any control because there's no global government to control it. And so I think this is a real difficulty and the corporations need to be reduced in power, relative to national governments.
08.05.2007,
Copy and paste this code into your website to spread this vision:
Herman E. Daly is an ecological economist and professor at the Maryland School of Public Affairs. Prior to his work at the Maryland School of Public Affairs, he worked at the World Bank, where he was Senior Economist in the Environment Department, helping to develop policy guidelines related to sustainable development. While there, he was engaged in environmental operations work in Latin America. He is co-founder and associate editor of the journal, Ecological Economics. His interest in economic development, population, resources, and environment has resulted in over a hundred articles as well as numerous books. His awards include the Grawemeyer Award for ideas for improving World Order, of the Honorary Right Livelihood Award, the Heineken Prize for Environmental Science from the Royal Netherlands Academy of Arts and Sciences and the Sophie Prize awarded by Norway.
