First Corporations

 


The Virginia Company was the first corporation to operate in what is now the United States. It was the Virginia Company's desire to secure the greatest profits that motivated them to introduce slavery to North American.

King James granted the charter in exchange for a share of Virginia Company's profits. The support the King granted a  virtual monopoly within the colony. Governments continue to provide corporations with  privileges and immunities that benefit both the government and the corporations.

Ever since the establishment of the Virginia Company, the government has been in bed with the enemy.  The government of the United States is a corporation and so are all of the cities, counties and states. These corporations own 70% of all of the stocks and bonds issued by the Fortune 500 Companies. How can the government serve the people while at the same time they have a vested interest in their investment portfolio?

The government should be protecting the people from monopolies and unfair business practices, but to do so would seriously impact the government's return of their invested assets.

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