Monday, April 28, 2008

"The desire of corporations to maximize profits creates conflict with the general welfare of the nation at large"

The Desire of corporations to maximize profits does creates the conflct of Interests with teh general welfare of the nations.The reasons I say this is the corporations is the coming together of the two or more like or different minded people for either satisfying their own desire or fulfill there own vested interests. The Motive of the corporations are basically in line with the objectives of there founders which unfortunately happens to be most of the time to accumulate as much wealth as possible,conquer as much market as possible without giving a thought about the other things which might hurt the community,and entire nation in General.There has been numerous occassions in the past and present where the desire of one person or one instituions has brought the downfall of entire nations.There are Plently of Instances where the profit for a few corporations have brought the misery and pitty conditions for the entire soceity and nation in general. Also,the size of the corporations has to be large enough to actually influence the nation at large.We have to remember one thing that this corporations thrive on the basis of there desire to earn the maximum profits.Most of these corporations usually starts from the small setup and earning little or whatever profit they can earn.It is in this journey from being small corpoartions to becoming large corporations,do they tend to take some steps,decisions which creates the conflict with the entire nation.So the very desire which drive them from being small setup to large corpoartions,they somehow creates conflict of interest withe the nation at large. The desire of corporations to maximize profits,thus is required to develop the nation and itself and it also somehow in this desire create the conflict of interest with the nation in General.No Nation can have its welfare until its corporations play a positive role.It is a give and take relationship between the corporations and nation that brings the win-win situations for both the parties.However,any imbalace in this realtionship creates a conflict of interest with each other.

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