more."
& yes, for all intents & purposes, many corps are, in fact, eternal.
Dupont, for example, has existed formally since 1802, & before that it existed as accumulated capital in the hands of the DuPonts of France.
Some of today's banking corps have existed since the 17, 16, 1500s.
Corporations are *organized* & networked. Consumers aren't.
Corporations control most information sources. Consumers don't.
Corporations are often market *makers*. Consumers almost never are.
A large portion of production is sold outside the consumer market, to other capitalists.
For example, you've never seen any carbon black for sale down at Safeway, yet it's profitable, & it's in hundreds of products; so many that you can't exist in the modern world without buying products containing it.
Cabot Corp is the biggest producer of carbon black & controls 1/4 of the world market. 90% of the world market is controlled by 5 producers, & they collude as much as they compete.
Cabot Corp was founded by an already-wealthy member of the New England Cabot family in 1882, & has been under family control for most, if not all, of its existence.
Its current CEO is also on the Board of DuPont & other chem corps. The "competitors" all know each other, are all super-rich, & have mostly been super-rich for generations. They go to the same private schools & intermarry, much like royalty.
Cabot is directly involved in the resource war in Congo which has killed 5 million-plus since the 1990s. If the consumer wanted to respond to this, how would they do so? There are about ten layers of fog between the product & the consumer, starting with the barely-publicly-acknowledged yet highly lethal war itself.
Your analysis is straight out of the Reagan handbook. Sure you're in the right place?
Cabot family fortune: founded on slave trading:
"The first great merchant of the Cabot family was George Cabot, who left Harvard to become a cabin boy on a shipping vessel. George Cabot worked his way through shipping to become extraordinarily wealthy, reportedly making profits of $900,000 on a single ship. Cabot made his fortune like many first families through the triangle trade with Africa for slaves and also rum, and wine. George Cabot also was involved in smuggling during the American Revolution, along with many other first families. One of the earliest U.S. Supreme Court cases, Bingham v. Cabot involved a family shipping dispute.
"Colonel Perkins" = slave trader too:
Samuel Cabot provided the next influx of money into the Cabot family by combining the first family staples of marrying money and working in shipping. He moved from Salem to Boston, and in 1812 married the daughter of merchant king Colonel Perkins. Seeing the opportunities in shipping that followed the War of 1812, Cabot became partners in Perkin’s firm and died a millionaire.
The Cabots, like all surviving first families, continued their legacy as Boston elite through the money of various businessmen with fortuitious timing. Eventually the Cabots moved their interests from shipping to textiles and chemicals.
John Cabot, son of the founding Cabots, established America’s first cotton mill in 1787 in Beverly, Massachusetts. (Spinning slave-grown cotton)
Godfrey Lowell Cabot was founder of the worlds largest carbon black producer (Cabot Corporation <1> NYSE:CBT ) in the country, which was used for inks and paints.
In Boston, the Forbes family is the symbol of inherited wealth; the arts belong to the Lowells; and political history belongs to the Adams family.
The Cabots, however, are the kings of Boston’s elite social scene. The Cabots have succeeded in dominating Boston’s social world since their rise to prominence. This is probably partly due to their membership in many of Boston’s first families through marriage.
Like all Boston Brahmin families, the Cabots only marry within their social circle, which serves to maintain exclusivity and to keep money within a small pool.
Cabots have been known to marry mostly Lees, Jacksons, Higginsons and Lowells. In one Cabot family of seven children, four of them married Higginsons. A Jackson family of five was reported to have married three Cabots."
http://en.wikipedia.org/wiki/Cabot_family