TERMS:





CORPORATION: A corporation is an artificial legal entity (technically, a juristic person) which, while made up of a number of natural persons or other legal entities, has a separate legal identity from them. As a legal entity the corporation receives legal rights and duties. Five rights always exist for a corporation: the ability to sue and be sued (this gives the corporation access to the courts); the right to a common treasury (this gives the right to hold assets separate from the assets of its members); the right to hire agents (this gives the corporation the right to hire employees); the right to a common seal (this gives the corporation the right to sign contracts); and the right to make by-laws (this gives the corporation the right to govern its internal affairs). Governments and courts may add other rights and duties. These will vary from jurisdiction to jurisdiction. The granting of additional rights to corporations is often very controversial.

CORPORATE UMBRELLA: a term used in reference to the use made of the corporate name and corporate image as a shield for new product introductions.

“Did you know that every product pictured here is owned by Phillip Morris, the world's largest cigarette company? Chances are that you've been helping to promote Marlboro cigarettes without even knowing it. You can withdraw that support by personally boycotting these products. It's like giving money to a health organization that is working to find a cure for cancer - but in this case you are taking money from a corporation that causes it. So next time you go buy food- try it. You'll like it.”


DIALECTICAL MATERIALISM: Dialectical materialism is essentially characterized by the belief that history is the product of class struggle and obeys the general Hegelian principle of philosophy of history, that is the development of the thesis into its antithesis...

MOORE’S LAW: Moore's Law is the empirical observation made in 1965 that the number of transistors on an integrated circuit for minimum component cost doubles every 24 months. It is attributed to Gordon E. Moore (born 1929), a co-founder of Intel.

SINGULARITY: In futures studies, the technological singularity (often the Singularity) is the predicted imminent creation by technology of entities with greater than human intelligence. This event is thought to be of major importance by its promoters because of the acceleration of technological progress that is likely to follow as a consequence. Futurists give varying predictions as to the date, the cause, the consequences and even the likelihood of the event.

TWIXTERS: typically young adults (ages 18-29) who live with their parents or are otherwise not independent by other means, primarily financial. If they are employed, it is often unsteady and low-paying. They may have just recently exited college or high school, or recently entered their first career. This is a cultural shift in Western households. Typically, whenever a member of the nuclear family becomes an adult, they are expected to become independent. These young adults also typically marry later than usual and gain more college or career training.