Friday, December 2, 2011

Business and the social contract

A part of the thinking behind the conceptualization of Regulatory agencies as information repositories is, I think, what you're talking about here.

"Ergo, our valiant words are burped out of the orifice of the money drunk. We have and continue to lose credibility in the global expanse. I agree that transnationals are likely the answer and do not support that we dominate. I am saying we a no example of any sense of the "common good" or wishing to see humanity survive. "

In my terms, you're saying the transnationals have the power, but don't consider themselves parties to the social contract. If so, I agree.

Business has taken the political position of being antithetical to government. It's a straw man. Business cannot exist without effective government. Business requires both the law and enforcement of the law or there are no property rights (other than that provided by thugs and warlords.)
All incorporated organizations must be licensed and registered by a government, or they effectively are those thugs and warlords.

Business has chosen the political position as antithetical to government in order to oppose taxes, regulation, and unions. Those roles are better understood in terms of the monopoly stage of capitalism, where business sought market share.

The present stage of capitalism can better be called global capitalism, where business seeks to control governments across national borders. In time, all levels of business will be forced -- as we're already seeing -- to respond to the goals of globalization and global capitalism.

Business will be networked as defined in management science. Much of transnational business already is. (see the excerpt above) The networking aspect is an opportunity for the concepts of networked innovation to be applied. The key goal for government and regulators is to develop a network to include all stakeholders and avoid becoming increasingly insignificant. 
That goal will only increase in importance as capitalism moves into the state capitalism stage; where business and government effectively form controlled economies.

These changes and goals will draw business ever deeper into the social contract.

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