![]() Our Prime Notes maintain the same level of comprehensiveness that OnlineMedEd is known for, while continuing to prioritize the most important topics for learners immersed in a busy clinical rotation schedule. OnlineMedEd’s new Subspecialty Surgery course elevates the last of our three surgery courses, matching the improvements made to the General Surgery and Trauma Surgery courses that were released earlier this year. What distinguished these two was the ease with which they mixed their claims on behalf of intangible property rights (and, as a corollary, rights of priority and management to certain broadly beneficial but narrowly profitable processes) with a celebratory and thrusting approach to financial adventure, to the speculative and, yes, intellectual impulse at the core of capital formation.Another week, even more new content to explore at OnlineMedEd! Colden and Emmet were deeply involved in the schemes of the young republic's promiscuously multiplying corporations. Ambition itself was subject to new styles of organization and articulation. They rose to the tasks Fulton presented and, indeed, often rose beyond them, though in such a way as to suggest the challenges and opportunities of the time rather than any extraordinary gifts or insights by which these were met. Colden and Thomas Addis Emmet were Fulton's counselors, good friends, and, in Colden's case, sometime partners. His was an ambitious enterprise, and it provoked an aggressive understanding of intellectual property. Robert Fulton-and Fulton's adversaries-kept his lawyers busy. Their practice was bound up in the franchise model of development and reconciled government patronage with what was then, and is still, a controversial and liberal vision of progress. These lawyers celebrated canals and steamboats and argued that such tangible achievements were impossible without a flexible understanding of property. The defense of Fulton's patent privileges was an unabashed apology for banks, corporations, and wealth. More typically, their work anticipated a world where private business and public improvement were managed in tandem, by interested franchisees, and underwritten by more sophisticated financial arrangements. On the frontier, in the shadowy zones between early-nineteenth-century empires and land speculations, the line between enterprise and piratical intrigue was easily leapt, and Colden and Emmet were involved in the era's cross-border confusions. ![]() ![]() Their transatlantic backgrounds and careers encouraged their affinity for liberal political economy and for entrepreneurial adventure. Yet their engagement with the subject went far beyond what professional expediency demanded. Colden and Thomas Addis Emmet could not help but practice intellectual property law: Robert Fulton was their client. This chapter challenges these myths to open up the issue of the corporation’s legal personality to the participation, accountability and transparency that it deserves.Ĭadwallader D. The second myth is that the corporate form is economically efficient. The first of these myths is that the corporation is like an individual person in a way that makes it deserving of rights, including the intellectual property rights that are examined below. These myths are especially important when that form is challenged. While the taken-for-granted status of the corporate form is an important aspect of structural power, this status is also based on two powerful myths that justify the power of business. Focusing especially on the case of intellectual property, and relating this to the history of the corporation in Britain and latterly the United States, I seek to explore the political role of the corporate form. This pays clear organizational dividends within contract law for instance, in that the corporation can be dealt with as a single signatory to agreements and undertakings, but the legal personality of the corporation also has a distinct political role that must be considered in assessing the relationship of business to democracy. ![]() Although corporations are organizations made up of groups of people, various social and internal institutions and capital (and other) assets mobilized towards a set of economic (and sometime extra-economic) ends, corporations also are usually treated as having a single personality for legal purposes. The corporate legal form is a key consideration in analyzing the relationship of global business to democracy. ![]()
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