20030716.00 A new view of political theory A realistic appraisal of its function dictates that one consider the business corporation to be a branch and an agent and indeed an integral part and expression of government; if only in consideration of the degree to which the business corporation controls the life of the individual who is dependent on it as customer or client; and the degree to which the business corporation controls the life of the individual who is dependent on it for his livelihood as its employee. The corporation serves to integrate the individual into society. The classical paradigm is the relationship of master and servant. The ultimate (worldly) master is the king, the monarch, whose authority is countered (neutralized) only by the (protestant) God who appears (?ex machina) as the champion of the individual against the wicked world (die boese Welt). A different perspective makes it inescapable that the business corporation is also essential to the effective functioning of society. Pure democracy does not work. Opinion polls provide remarkably accurate reflections of voter sentiment. Opinion polls give persuasive support to Plato's distrust of democracy. The business corporation is inherently undemocratic; it is an indispensable counter- force to democracy. It provides human activity with the rationalization of which democracy is incapable. The democratic aggregate of individuals cannot in fact be trusted. It can be trusted neither to want "the good", nor can it be trusted to "get things done." But the business corporation has no alternative: its telos is defined by its nature. The goal for which, if it is to survive, it must aim, is the creation of wealth; To accomplish that end, its functioning must be efficient. The profit motive, whatever its rating (Rang) on a scale of idealistic values may be, is an effective adaptive mechanism to the realities of social and political existence. * * * * *

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