Corporations and its affect on the world Essay Example | Topics and Well Written Essays - 1500 words

Corporations and its affect on the world - Essay ExampleDemocracy, in its turn, is an ideal medium for the development and growth of businesses and corporations. Democracy and capitalism, in this sense, are the systems that consciously and lawfully kick upstairs and allow so-called free market and market competition where the strongest wins. The strongest now means the richest. Those, who have got their powerful and powerful positions in the global marketplace, will never let anyone new in. They play in majority rule and in competition. They are more likely to agree on to each one ones market share, than to share the market with one more pretender to wealth.As for the overall concept of democracy, it is the system which is speculate to provide each citizen with an opportunity to influence the politics of the country and take part in the legislative practice of the state. On practice, however, we have a system which imposes the will of the elite to the general public, making pop ulation think the way they are supposed to think. With the help of the media the strong of the world can influence citizenrys thinking and opinions. As a result, we get a nation that is taught to believe in its administration and not to question the governments decisions.According to the research conducted by the Center on calculate and Policy Priorities (Huang and Stone), nowadays the largest income concentrates in hands of 0.1% of income receivers. Inequality between high- and middle-income Americans has been rising since 1990. The tax returns data of 1917-2004 shows a U-shaped trend in the percentage of income received by the top 10% of income recipients (Burtless and Haskins 497). In 2005 the rich got 18% of the nations income (Colson). Consequently, the rates of economic and, as a result, political inequality reinforce each other and compromise democracy (Jencks).Furthermore, the richest Americans not only avoid high taxation, but enjoy an wide political influence in