Do Corporations Need Regulations?

Do Corporations need regulations? ?gI hope we shall crush in its birth the aristocracy of our moneyed corporations which dare already to argufy our g everywherenment to a trial of strength and bid defiance to the laws of our country.?h Thomas Jefferson, 3rd US president 1801-1809 During the 18th century, corporations had fewer force plays that we do now. They did not have limited liability. They were hired for a limited period of time, (10 or 20 years), and for a specific public purpose only, such as make a bridge. Corporations were viewed differently in early times. They were thought to be good ways to serve the public good.

But over the time, people forgot that corporations are starting to get so effectual and that they need to be strongly controlled. Also, corporations began to gain more power than the wealthy elite. Corporations like the East India gild and the Hudson Bay Company had been the rulers of America. So when the constitution was written, corporations w...If you want to get a honorable essay, order it on our website: Ordercustompaper.com

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