Corporation

How To Start And Run Your Own Corporation: S-Corporations For Small Business Owners
$22.95
I purchased this book along with several others (from NOLO publishing, mostly) before incorporating my business. It was a very good read that introduced me to a number of important concepts in business. After I had been in business for over a year, I pulled this book off the shelf again and reread it. I was pleasantly surprised to first realize how much I had retained from the book, and second how much of the information proved dead-on in terms of salient factors to be considered in operating an S-Corp. I have since returned to this book time and again to review key chapters - especially at the end of each fiscal year and again around tax time. I highly recommend this book to anyone starting an S-Corp who, like me, never took business classes in college.

Own Your Own Corporation: Why the Rich Own Their Own Companies and Everyone Else Works for Them (Rich Dad's Advisors)
$17.95
The thing about these Self-Help books - in particular, those in the Rich-Dad series is that very often, you start out thinking that they are designed to make very complicated things (like, legal jargon) simple enough for the common lay-person to understand, so that you can - with limited resouces, bypass the need for professional intervention (and the associated costs!)
If that is why you intend to buy this book - then WAIT!
All this book REALLY tells you is that things can become TOO COMPLICATED for you to handle - and YOU WILL NEED PROFESSIONALS (i.e. Lawyers)
Any OTHER road - will soon lead to PERDITION!

It's as simple as that.

There are a lot of horror stories of how bad things can go for you, if you are dumb enough to be a sole-owner or even worse, get yourself into a partnership. (Which makes you wonder why these types of businesses were ever invented at all.) The ONLY types of business which seem to end on a "Happy" note - are the ones which require a ton of legal work - which you, by your tiny, feeble self - cannot handle. YOU WILL NEED - LAYWERS!

This book is far too general, for the specialists and way too detailed for the general reader, looking to pass the afternoon. I'm pretty sure there are better ones out there - with better advice. Skip it!

The Corporation
$19.99
Based on sceenwriter Joel Bakan's book, "The Corporation: A Pathological Pursuit of Power", this compelling documentary is a lengthy (145 minute) disquisition on the place of the corporation in the world today, a brief on its history and the disquieting notion that the profit motive of large transnationals has all but usurped the democratic voting processes of governments. Of course it is largely a left-wing work, but it is much more nuanced and wider-ranging than something like Michael Moore's works and contains long interviews with numerous luminaries from the academic, activist and corporate worlds. I wish that the filmmakers had chosen other, more eloquent and less out-of-touch intellectuals on the right than the sole example we see (Milton Friedman) but on the whole it's a stunning, depressing work with mere glimmers of hope near the end. Those that have read Kirkpatrick Sale (Rebels Against the Future) will be at home in this work.

The film is structured in a multitude of chapters; at first short, terse, more humorous and wide-ranging, but gradually building to a climax of sorts as it gives more detailed views of "case studies" to support its thesis that a corporation, if it really were a person (and, in the USA, it is in many ways a legal human), would be considered pathological in its total disregard for anything other than the profit motive. One great piece involves the whistleblowers who produced a significant documentary about Monsanto's pushing rBGH into milk production and lying about its harmful effects, only to see the powerful corporation for which they worked (FoxNews) rework the film to placate Monsanto, then fire them....an even more awful example of the negative motives of these transnationals is the story of how California-based Bechtel at one point owned the rights to all water in on of the largest cities in Bolivia -- including rainwater -- and forced people to pay up to a quarter of their pay to have the right to drink (and live).

Interviewees, besides Friedman and Moore (much more restrained and thoughtful here than usual) include Chomsky, Zinn, Janet Akre (former FoxNews correspondent), Naomi Klein and several current and ex-CEOs, most notably Ray Anderson the CEO of Interface, the largest commercial carpet manufacturer in the world and one of the few execs who seems to really be looking at the larger, environmental and holistic picture. Other CEOs come off as completely unaware, or uninterested in, anything besides their stockholders, and Friedman makes the cogent (if coldblooded and amoral) statement that corporations only know how to make profit, so why be involved in something they don't understand (like a healthy environmental outlook).

One of the best new documentaries I've seen in years, an absolute stunner. The film's website is excellent and a great resource.

When Corporations Rule the World
$18.95
The book was first published in 1995 and this edition in 2001, but in the wake of the financial crisis, it is relevant now as ever.Unfortunately things have gotten worse in the years that past.

Corten depicts the blueprint of the global system which destroyes the lives and future of humanity. In doing so he has done a great service to all of us.

However, as a materialist I do not share Corten's solution to the problem being a spiritual awakening. I also do not like his superficial view of socialsim.

What I do take from Corten's recipes is his 15 points transformation plan, as he writes:
"The goal is to transform an undemocratic and rapacious capitalist economy into a democratic and socailly efficient market economy."

1. Financial Transactions Tax.
2. Graduated Surtax on Short-Term Capital Gains.
3. 100% Reserve Requirement on Demand Deposits.
4. Tight Regulation og Financial Derivatives.
5. preferential Treatment of Community Banks.
6. Rigorous Enforcement of Antitrust Laws.
7. Worker and Community Buyout Options.
8. Tax Shifting.
9. Annual Profit Payout.
10. End Corporate Welfare.
11. Reform of intellectual Property Rights.
12. Guaranteed Income.
13. Progressive Income and Consumption Taxes.
14. Pay Equity.
15. Equitable Allocation of Paid Employment.

Hopefully, Obama's successors will implemnet this inevitable plan in the near future.