Thursday, February 17, 2011

corporations

I bet law schools have changed some since I graduated in 1979. I wonder how corporations are addressed. Corporations are a big part of legal education. Pretty much everyone takes a basic course called 'Corporations' and such a course outlines general legal principals to have a corporation. But, if you think about it, quite a lot of what lawyers study to be able to pass the bar revolves around corporations.  All first year law students take a two-semester course in 'Contracts', 'Torts' "Civil Procedure'. The education is not only about business law but most of it is about property rights.

They come right out and just tell you that the only purpose of a corporation is to make money for its shareholders. They come right out and declare that anything that is not related to making a profit is irrelevant to analyzing corporations.

I wonder if it's still like that. I wonder if modern legal educations contain any implication of ambiguity about such assumptions.  The field of environmental law has emerged mostly since I finished law school in the late seventies. There is some public advocacy in environmental law, of course, but, without knowing anything about any job for an 'environmental lawyer', I bet that most jobs involving environmental law involve fighting over property, over money, over competing interests and underneath whatever is going on the real energy is about money, property, ownership, greed.

If we are going to restore the commons, we have to restore the values we share. The values we 'all' share is a commons, right?

Thinking.

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