The big egoists

Every private corporation is –by definition– an immortal unscrupulous egoist.

Corporations can be classified into public and private ones.

Public corporation

A corporation whose mission is described and recognized as being of public interest.

For example a local scout group, a public school or hospital, a national government or a supernational body

Private corporation

A corporation whose mission is to protect the capital of its owners and to increase their revenue.

National government

A corporation responsible for the survival and welfare of a given nation.

Supernational body

A corporation responsible for collaboration between a group of nations.

https://upload.wikimedia.org/wikipedia/commons/thumb/1/1a/Supranational_European_Bodies-en.svg/640px-Supranational_European_Bodies-en.svg.png

Euler diagram of supranational European Bodies. (Wikipedia)

Let’s look at the mission statements of some big corporations:

  • “Our mission is to organize the world’s information and make it universally accessible and useful.” Google

  • “Microsoft is a technology company whose mission is to empower every person and every organization on the planet to achieve more. We strive to create local opportunity, growth, and impact in every country around the world.” (via geekwire.com)

  • “The mission of the Wikimedia Foundation is to empower and engage people around the world to collect and develop educational content under a free license or in the public domain, and to disseminate it effectively and globally.” (wikimediafoundation.org)

These three mission statements sound similar in nature. They all declare to fight for a noble cause.

What they don’t say –because it is obvious– is their ultimate mission, their fundamental motivation and reason of being.

Google and Microsoft are private corporations, which means that their ultimate mission is to make financial profit to be shared among its owners, the shareholders. The Wikimedia Foundation, by contrast, is a public corporation. This means that any financial profit would be reinvested into the corporation’s mission.