vpoko
Premium
join:2003-07-03
Jamaica Plain, MA
| reply to xsiddalx
Re: they lie? and we're suprised because?
said by xsiddalx  :Why do you believe Corporations are necessary for broadband? Corporations exist so that lots of people can pool their resources into a business entity. Can you imagine a single person, or even a small partnership, being able to raise capital to build infrastructure? I'll be the first to say that there are lots of imperfections and abuses in our corporate system that need to be addressed, but saying we're anti-corporate while using corporations' services is like a 4-year old saying they're anti-parents. |
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xsiddalx
join:2005-03-11
Chicago, IL
 ·AT&T Yahoo
| said by vpoko :said by xsiddalx :Why do you believe Corporations are necessary for broadband? Corporations exist so that lots of people can pool their resources into a business entity. Can you imagine a single person, or even a small partnership, being able to raise capital to build infrastructure? I'll be the first to say that there are lots of imperfections and abuses in our corporate system that need to be addressed, but saying we're anti-corporate while using corporations' services is like a 4-year old saying they're anti-parents. I can imagine anyone building capital, Corporations are necessary to raise venture capital, but I will not deny that they might be a necessity for reasons other than a profit producing product.
Nevertheless, anyone can build infrastructure. Why can't any of your examples make a go at it? Does incorpration have a magic "profitability" wand?
I think I messed up my quoting...button....are you sure you aren't responding to my quote? Interestingly enough, you seem to lean on the "corporation" as a saviour as much as the original poster used "anti corporation". Both examples are 4 or 50 year old "anti-parents".
Again, can you clarify what the business classification have to do with broadband deployment? |
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vpoko
Premium
join:2003-07-03
Jamaica Plain, MA
| said by xsiddalx :Again, can you clarify what the business classification have to do with broadband deployment? Sorry if I was unclear. A corporation is a practical way to have a business with a large number of partners (investors). Corporations are able to to raise capital by selling stock (bringing more partners into the mix by giving them an ownership stake). Without that mechanism, the only way to raise capital would be to borrow (bonds), and for the large investments needed for infrastructure, companies need all the capital they can get. |
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