Corporations and Labor Organizations

The video tutorial explains the structure and benefits of corporations, highlighting their ability to raise capital through stock issuance and the concept of limited liability for shareholders. It discusses the role and strategies of labor unions, including strikes and collective bargaining, and examines the decline in union membership due to right-to-work laws, outsourcing, and improved government regulations. The video also covers cooperatives, which empower workers through shared ownership, and nonprofit organizations, which focus on community benefits rather than profit.

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