General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsI'm trying to find a word for when a corporation goes into another sphere to influence/control the
environment they do business in. For example the prison industrial complex not wanting society to improve or drugs to be legalized cause it would cut down on their business. Or Monsanto buying up a company/organization that was blaming it for bee deaths. These are not externalities. This is purposeful action. What would you call it?
white_wolf
(6,238 posts)applegrove
(118,659 posts)CactusJak
(20 posts)applegrove
(118,659 posts)Definition of 'Vertical Integration':
When a company expands its business into areas that are at different points on the same production path, such as when a manufacturer owns its supplier and/or distributor. Vertical integration can help companies reduce costs and improve efficiency by decreasing transportation expenses and reducing turnaround time, among other advantages. However, sometimes it is more effective for a company to rely on the expertise and economies of scale of other vendors rather than be vertically integrated.
Read more: http://www.investopedia.com/terms/v/verticalintegration.asp#ixzz1tOfegfZr
RKP5637
(67,108 posts)Here's a good sentence from the dictionary.
"Capitalism is the way of the devil and exploitation."
http://dictionary.reference.com/browse/exploitation?sourceid=mozilla
flvegan
(64,408 posts)highplainsdem
(48,978 posts)individuals acting, rather than corporations, but the term corporate feudalism is more common, and you were asking specifically about corporate influence.
applegrove
(118,659 posts)Initech
(100,076 posts)applegrove
(118,659 posts)Starry Messenger
(32,342 posts): an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market
Why would the prison industrial complex want society to improve? Such a thing would negate their reason for existing. Ditto all of the other examples. These are not outliers, these are typical practices.
mmonk
(52,589 posts)RKP5637
(67,108 posts)Exceptionalism. "We know best how to screw others over best."
coalition_unwilling
(14,180 posts)to co-opt the company accusing it of killing bees)?
silverweb
(16,402 posts)[font color="navy" face="Verdana"]To co-opt, according to dictionary.com, means "to assimilate in order to take over or appropriate."
"Assimilate" is a really good word, especially if imagined in the sense of the Borg's usage!
applegrove
(118,659 posts)Fumesucker
(45,851 posts)RKP5637
(67,108 posts)EmeraldCityGrl
(4,310 posts)Isn't that what Romney did? Bought public companies, as a corporate raider,turn it into a private co., restructure,
fire people, suck all the capital out, repackage and sell as a new IPO. That's my limited understanding of where
he made his billions.
Uncle Joe
(58,362 posts)http://dictionary.reference.com/browse/conspiracy
con·spir·a·cy? ?/kənˈspɪrəsi/ Show Spelled[kuhn-spir-uh-see] Show IPA
noun, plural con·spir·a·cies.
1. the act of conspiring.
2. an evil, unlawful, treacherous, or surreptitious plan formulated in secret by two or more persons; plot.
3. a combination of persons for a secret, unlawful, or evil purpose: He joined the conspiracy to overthrow the government.
4. Law . an agreement by two or more persons to commit a crime, fraud, or other wrongful act.
5. any concurrence in action; combination in bringing about a given result.
Thanks for the thread, applegrove.
RagAss
(13,832 posts)longship
(40,416 posts)nt
applegrove
(118,659 posts)RKP5637
(67,108 posts)You won your own thread!