Lecture Hutchinson Summary

To better understand this we must first understand what corporations are. In the module 7 lecture Hutchinson and the book explains to us that “by law corporations are having economic rights” (pg. 281). Corporations are explained as individuals having rights, every aspect of a corporation has its values. When looking past the face of the corporation we are looking at the different frameworks. Let’s start with those who are a part of the company, these are the workers, managers, CEO’s and anyone else that provides for the company to not just be successful but produces the underlying work. In the lecture Hutchinson informs us that one of the important features of a modern corporation or company is the management and staff. So how are we affected? As

That simple idea has many meanings. It can mean that, from the perspective of others, our identity is based on our actions: rob a bank and you are a robber” (pg. 304) Now let’s move on to the consumers. We are shaped as a consumer simply by working for a company. Most individuals work to provide: food, living, material items, etc. Do we always like where we are working? No, but that does not stop us when we need the money to provide for ourselves. As a worker in a company we are depending on the owner to provide us our wages. In the book this is known as structural relationship, “most people work for others, with their wages paying for what they need and, increasingly, what they want as consumers” (pg. 315). So how does a company shape citizens? “A corporation, as a legal individual, has the advantage of being able to own property and pool capital” (pg. 288). Just as if an individual wanted to purchase property there are regulations; corporations have these regulations. Consumers of a corporation often buy into the company and could possibly become a part