Oh No.
By
I don’t have time for a proper post about this, but here’s the skinny from MSNBC:
In a landmark ruling, the U.S. Supreme Court on Thursday struck down laws that banned corporations from using their own money to support or oppose candidates for public office.
By 5-4 vote, the court overturned federal laws, in effect for decades, that prevented corporations from using their profits to buy political campaign ads. The decision, which almost certainly will also allow labor unions to participate more freely in campaigns, threatens similar limits imposed by 24 states.
It leaves in place a ban prohibiting corporations and unions from directly contributing funds to candidates for any use.
In a statement, President Barack Obama said that the decision gives ‘a green light to a new stampede of special interest money in our politics.’ The president pledged to work with Congress to ‘develop a forceful response’ to the court’s ruling.
What’s your take on the ruling?
43 Comments
January 21st, 2010 at 4:44 pm
Oh Yes!
Poor Dems. Now the union money will have to compete with corporate money and political speech just became a whole lot freer.
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January 21st, 2010 at 4:53 pm
Bobby,
Do you know if multinational corporations will be included?
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January 21st, 2010 at 5:14 pm
Probably the same way International Unions were included before this decision.
I’ve not had time to wade through the 186 page decision. It’s a monster of legalese and I might stab my eyes out before I get through it.
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January 21st, 2010 at 5:44 pm
Statement of Ralph Nader on Supreme Court Decision in Citizens United v. Federal Election Commission:
Something tells me that Carl Mumpower would agree with Ralph Nader.
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January 21st, 2010 at 5:56 pm
This will stand in history as the worst Supreme Court decision since Bush v. Gore, right up there with Dred Scott, Santa Clara County, and damn few others. Obama, and any Democrat, or really ayone who does not sufficiently lick the rectums of the moneyed aristocracy of corporate fascism, will be outspent 10 to one and that’s if there’s even any airtime left to buy.
If the Democratic Congress had even one shriveled little testicle to share among them, they would impeach, at minimum, the three fascist judges who voted for both this and the Bush decision (Scalia, Thomas, and Kennedy). These judges are a dagger at the aorta of the Republic and criminals of the lowest odor.
And conservatives need to stop calling themselves good Americans, since they unstintingly support the overweening aristocracy of the corporate state. If you voted for any NFGOP presidential candidate since 1980, you made this horror possible.
I leave you with Gore Vidal, our prescient political Cassandra: ‘We’ll Have a Dictatorship Soon in the US’.
p.s. NFGOP stands for No Fucking Good Old Party.
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January 21st, 2010 at 6:01 pm
Overheard on the Twitter by @themadtea:
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January 21st, 2010 at 6:11 pm
“…it’s farcical to claim that modern judicial conservatives stand for substantive “minimalism” or “judicial restraint.” – Scott Lemieux at Tapped
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January 21st, 2010 at 6:14 pm
Thanks for that Gore Vidal interview, Tom. A sheer delight.
Speaking of licking the rectums of the moneyed aristocracy of corporate fascism, this interview over at Reason is worth a watch.
MM
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January 21st, 2010 at 7:47 pm
Bobby,
Unions were under the same restrictions as corporate political action committees. Did you think the unions weren’t already competing with corporate money?
My big question is what this means for state and city council elections in North Carolina. It suddenly became even easier for rich people to throw a lot of money into an ad buy at the eleventh hour.
But of course unions are heavily involved in Asheville city council campaigns, so I guess that’s fair.
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January 21st, 2010 at 8:27 pm
The foundation of this problem was in Santa Clara County vs Southern Pacific Railroad:
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January 21st, 2010 at 8:42 pm
But then the 14th creating a “federal citizenship” was a fraud.
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January 21st, 2010 at 9:09 pm
Corporations have no arms and legs, nor eyes nor ears (nor hearts). They are truly disabled.
Why is it that conservatives typically oppose granting basic legal rights to some classes of natural persons – illegal immigrants and suspected terrorists, especially – and oppose granting certain classes of persons special advantages, except when those “persons” exist on papers filed in a cabinet somewhere (and many of those persons are not even American)? Those are some mighty privileged pieces of paper.
Now where does a common, flesh-and-blood, non-pulp-based lifeform get limited liability for financial and criminal misdeeds (including freedom from incarceration), and that kind of legal protection from the Supreme Court?
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January 21st, 2010 at 10:00 pm
What I’d like to see is GE’s draft registration card. Surely the company is 18 by now.
But maybe it’s female?
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January 21st, 2010 at 10:06 pm
As Thom Hartmann discovered in his research, Chief Justice Waite did not assert corporate personhood in Santa Clara County v. Southern Pacific Railroad. Rather, this mischievous statement was penciled in by the Reporter for the Supreme Court, who was a former railroad executive. Justice Waite wasn’t around to disagree, having died before he could read what the Reporter had done behind his back!
See The Railroad Barons Are Back – And This Time They’ll Finish the Job, by Thom Hartmann.
In order to unfuck the Constitution, we need some (probably all) of the following:
1.) Impeachment and removal of these rabid judges, before the next election. After all, are they so far above the law that the Constitution is whatever they goddamn well say it is? Is there nothing they can do to be removed? Is THIS not enough?
2.) Public financing of elections. The old saw that “it’s a waste of taxpayers’ hard-earned money to publicly fund elections” is something only a full retard can believe now. (Pardon my impolite tongue; I am a douchebag, after all. When it seems appropriate).
3.) Only possible after the preceding two are achieved, I think: a Constitutional amendment to reaffirm that paper persons are not persons.
Ten years ago, I wrote a novel (never published) called Blues For Robots. One scene, at a protest rally, has a speaker calling the crowd to chant with him: “Vote against money! Vote against money! Vote against money!” The theory behind this idea is that in a polity where too many candidates all but buy their victories with massive ad buys and other spending, a way for voters to undermine this process is to deliberately vote against well-funded campaigns when all other things seem equal. Vote for the candidate you never heard of: at least you know she’s not feeding the TV-advertising beast. Maybe we need to start a Vote Against Money movement.
I’m disgusted with this court decision. Once, I told my daughter that I thought it likely I would die a political prisoner. Barack Obama, that raiser of false hopes, led me to think I might have been mistaken; that America might right itself. Tonight, again, I think I may die a political prisoner.
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January 21st, 2010 at 10:07 pm
The question that’s all the rage: Where’s the birth certificate?
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January 21st, 2010 at 10:31 pm
I just posted a cleaner and leaner version of my comments to the White House, which I have on my browser’s speed dial.
Contact the White House
They’ve been hearing from me about every week lately.
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January 21st, 2010 at 11:53 pm
As always, Gibson, Sullivan and Buckner are brilliant. And, as always, count on Bobby to offer up a partisan gloat
Gibson:
Sullivan:
Buckner:
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January 22nd, 2010 at 5:07 am
Mr. Buckner, I find your impeachment sentiment beyond the pale. I definitely do not agree with everything, or much for that matter, coming out of this court. But anyone could cry “Impeach those bastards!” over any decision they make simply on the grounds of disagreement with the outcome or reasoning. [This is the same anti-judiciary tone we saw from a more conservative commenter on another thread here recently.] I have this sneaking suspicion that had it been a 5-4 vote the other way, you would not be out to impeach the 4. Or, who should we impeach? We only need one to change this decision. I would rather use what democracy we have left to get Congress and the President to get a new campaign finance bill robust enough not to get tossed into the shredder by a court on its first challenge.
I don’t really think much is going to change because of this. We live in a corporatocracy already, and the notion that corporations don’t already advocate their positions to the fullest extent that money can buy is ludicrous. They’re called television commercials, and they are on all the time.
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January 22nd, 2010 at 9:06 am
Writ dude:
The Overton Window of political possibility is a visual metaphor for the range of political positions which are considered reasonable in a society. Policy ideas within the window are considered reasonable by most people in that society, while beliefs outside the window are considered “beyond the pale” by most. Take a look at it here:
The Overton Window, Illustrated
This version seems truthful to me: that our Overton Window is so far to the right nowadays that even positions which were mainstream forty years ago are deemed “lefty loony” while positions fitting the template of Mussolini’s estado corporativo or Corporate State were, in every meaningful sense, the policy of the Bush/Cheney administration.
This illustrates why you need people like me screaming for the opposite extreme position. The only way to drag the window one tick back toward the center is to have a voice calling for it to move five ticks left. The Right has long understood this; it’s why their lunatic fringe is so useful to them. If we only move halfway toward Glenn Beck they win big anyway.
I have a long memory about some things. When Clarence Thomas replaced Thurgood Marshall on the Court, the Right cheered that it was “the end of Marshall law.” The Ninth Circuit Court of Appeals out west is pretty much the only remaining bastion of non-fascist judges, and the Right are constantly calling for those judges to be thrown out over one decision or another that the Right doesn’t like. I’m just one little ant pushing back.
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January 22nd, 2010 at 4:40 pm
This may be an excellent way to deal with the Citizens United decision: “Congress should prohibit any corporation from engaging in this new political spending if it has any non-American shareholders or owners.”
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January 22nd, 2010 at 6:24 pm
Thanks for the response. I agree that we all need voices “from the wilderness.” It is probably true that any of the major social changes we’ve seen was at one time a “radical” idea. I guess I would just add that I don’t interpret anti-judicial sentiment (and wanton use of impeachment for that matter) as a far left-wing position. It is something I associate with the far right-wing. At least in terms of American politics. Am I incorrect in making this association?
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January 22nd, 2010 at 7:27 pm
This is my favorite group dealing with this issue long term.
http://action.change-congress.org/page/s/citizensunited
For the curious, Lawrence Lessig also founded creative commons, and argued against extended copyright before the supreme court.
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January 22nd, 2010 at 8:01 pm
No, writ, you’re exactly correct. And it’s worked marvelously for them, so why not turn that cannon around?
Incidentally, did you ever see Angels In America? It’s an incredible masterpiece. Anyway, there’s a scene where Roy Cohn (Al Pacino) talks about planting conservative judges like land mines so that everywhere liberals try to get some traction or push some reform: BOOM. And so it has been. (Angels was written twenty years ago; this was a very smart observation).
The Right, being very good strategists, have simultaneously badmouthed the judiciary and made it theirs. Reagan once said “Always throw your clubs in the direction you’re walking.” In other words, tantrum strategically.
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January 22nd, 2010 at 9:10 pm
Didn’t see too many of you crying when President Obama opted out of public financing, the first candidate since the 70′s to do so, and spent around a billion dollars in his ’08 campaign. Don’t see too many on the progressive side complain when NC Senate President Pro Tem Marc Basnight or NC Speaker Joe Hackney send hundreds of thousands of dollars to one legislative candidate for a job that pays around $15K per year.
Let’s just get rid of all the corporations. GM and Chrysler are on death watch, Lehman Brothers, AIG, Washington Mutual, Delphi, Circuit City, etc. are out of business along with hundreds of thousands of workers so isn’t everything just getting better without these evil coporations?
You can’t separate money and politics, what we should demand is that there be complete transparency and disclosure about where the money comes from. It is hard work to be an informed citizen and voter but citizenship isn’t without effort. If every citizen, those without a vested interest, just gave a few bucks to their favorite candidate, big money donors would be irrelevant, unfortunately we all want someone else to pay the cost of a representative democracy.
What is scary is when the private sector is sending legions of lobbyists to Washington and Raleigh because government rules, taxes and policies can so dramatically impact their business. Government should have efficient and effective public services like schools, transportation, etc. and then get out of way. Let the private sector compete and the marketplace will determine which companies are winners/losers, not who is politically connected with the government leaders at the time.
Do you think the First Amendment just irrelevant anymore, just like the Second Amendment?
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January 22nd, 2010 at 11:21 pm
Why is it always a “you did it, so we can do it” thing with you faithful GOPers? I mean seriously I wouldn’t let my 3 year old pull that one on me, yet this “logic” functions as something approaching rational thought for those of you who enjoy the righty whiteys (forgive me, I have into the rum). But really, Nathan the examples you cite are really quite limp in comparison to the massive blow to the fundamental pillars (what was left of them anyway) of our Republic by this ruling.
What I really don’t get is why ya’ll have suddenly decided that you are totally fine with letting corporations run your party, the county, and whatever else they can get their hands on?
The problem is that the private sector (as you call it) isn’t interested in competing, it is interested in consolidating power. That isn’t a judgmental critique, but rather a fundamental law of nature (to be a bit free with analogies). Government should be, IMHO, a tool to hold that force in check. No citizen, or group of citizens, can compete with that force–no matter how well informed, connected or funded they are.
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January 23rd, 2010 at 9:13 am
Fact checking…
“In 1996, gazillionaire Steve Forbes opted out of public financing in order to evade the system’s strict spending limits in the primary. In 2000, Forbes and George W. Bush, a fundraising ace, sat out the primary. In 2004, Bush, John Kerry and Howard Dean said no to primary public financing funds. By 2008, Clinton and Obama opted out. In the GOP, Mitt Romney, who — I’ll throw this in just because it’s an interesting item — spent $167,000 of his own money for each of his 253 delegates, according to the Boston Globe, bypassed public financing.” – Real Clear Politics
Barack Obama raised most of his money from individual small donors, raising about $750million –
Individual contributions $656,357,572 88%
PAC contributions $1,830 0%
Candidate self-financing $0 0%
Federal Funds $0 0%
Other $88,626,223 12%
Amounts corporate interests can now spend – unlimited. Anyone reckon that oil interests might have a billion dollar interest in sabotaging efforts to rely on renewable energies? That would outspend Barack Obama by a cool $250 million. I guess candidates can spend all their time deciding which corporate interests will sponsor them. Maybe, as suggested by Sandy Maxey, candidates should wear their sponsors on their suits like NASCAR drivers?
Number of people at this blog who have suggested “getting rid of the corporations” – 0
January 23rd, 2010 at 10:18 am
Nathan, having no souls, public corporations are not evil — they are amoral, driven only by appetite and instinct, and not persons in any commonsense meaning. Time maybe to add “natural” to the definition of persons in the 14th Amendment.
BTW: The 2nd is working just fine for me. Never has anyone tried to take ours. Good places to target shoot on your farm?
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January 23rd, 2010 at 11:01 am
One of the interesting things about this SCOTUS decision is watching the rebublicans and libertarians who last year pissed and moaned about all the TARPS and other bailouts to automakers and the financial industry, applaud this decision as freedom and freedom of speech in the form of money. The bond between corporations and government is strong enough now with the current system and the revolving door of jobs between management in corporations and elected office to regulatory commissions and numerous bureaucratic level jobs, to lobbyists who become staff members of congressmen. This new influx of money will further cement the bond between government and corporations and those rightwing dingbats can’t figure out why their tax money is being shoveled out the door to corporate interests.
This is simply the entrenchment of legalized bribery into the system.
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January 23rd, 2010 at 11:13 am
For the first hundred years of US history, corporations were strictly limited in scope. A corporation would be formed for a particular purpose (building a canal, for instance) and would exist for a limited time. It could lose its charter if it violated some strict rules: <a href="http://www.reclaimdemocracy.org/corporate_accountability/history_corporations_us.html"Our Hidden History of Corporations in the United States covers the subject well.
From the article:
“* Corporate charters (licenses to exist) were granted for a limited time and could be revoked promptly for violating laws.
* Corporations could engage only in activities necessary to fulfill their chartered purpose.
* Corporations could not own stock in other corporations nor own any property that was not essential to fulfilling their chartered purpose.
* Corporations were often terminated if they exceeded their authority or caused public harm.
* Owners and managers were responsible for criminal acts committed on the job.
* Corporations could not make any political or charitable contributions nor spend money to influence law-making.”
Americans feared corporate power because it was one of the tools the British monarchy had used to create trade monopoly within its colonies. As soon as corporations began to free themselves from these rules, they began to abuse their power.
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January 23rd, 2010 at 11:14 am
Didn’t close the link properly.
Our Hidden History of Corporations in the United States
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January 23rd, 2010 at 12:00 pm
Fact – President Obama was the first candidate from any major political party (rep. or dem.) in the General Election in 9 election cycles (36 years) to abandon public financing for an unlimited money grab. Ross Perot ran in ’92 and ’96 and spent big bucks but it came out of his pocket. I miss those infomercials!
Fact – Studies show the breakdown between small donors, bundlers, and large donors wasn’t historically different from other Presidential campaigns, he just raised more of it.
I am not criticizing the President for doing so, he recognized that he could raise a gazillion dollars so he dumped the progressive idea of public financing so he could amass huge amounts of cash. I think the President, like many other candidates from both political parties, is paying the political price for running on a platform that conveyed one set of ideas and governing in a totally different way. He would have probably still won the election anyway (because the economy was falling off a cliff, Wall Street imploded on the eve of the general election & because he had a billion plus dollars including third party groups) if he would have been forthright beyond “hope”, “change”, “yes we can”, etc. and been more honest.
For example, on health care he could have said “here is why we need to make changes so I am going to force everyone to buy health insurance or you’ll pay a fine”, etc., on energy “I am for cap and trade which will cause you home energy bills and gasoline bill to go up but here is why”, . . . out goes the promise that 95% of us will get a tax cut but he would have been in a much stronger position to govern. When that schism between campaigning and governing is too large, you have the problem that our nation finds itself in today. I would like someone to run for political office and tell the truth, things that voters don’t like to hear but that we need to hear. That is the only way we are going to get out of the predicament we’re in.
A corporation is just a legal entity made up of stockholders who may be other corporations, partnerships, individuals, etc. but ultimately a corporation is a collection of individuals engaged is some type of activity (profit or nonprofit) with a legal structure to establish governance and other matters as broad or as narrow as the founding stockholders adopt in accordance with the state law in the state where said corporation is established. A corporation can be huge (Microsoft) or very small (your neighborhood deli). There may be certain reasons why a business has incoroporated such as taxes, liability of the owners, etc. and there are advantages and disadvantages that must be weighed in determining your business structure. Let’s just say a corporation can’t do the things the Supreme Court says is constitutionally protected speech, then they’ll find some other avenue to express their political thoughts. This is true for viewpoints on the left or right or whereever. Doesn’t matter if you are an oil & gas company or if you are renewable energy company.
Tom and others – if any of you want to come out to the farm to shoot, contact me at natbin@charter.net and you are more than welcome. Just be respectful of our neighbors so they don’t believe WWIII is here and don’t shoot any cows!
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January 23rd, 2010 at 12:20 pm
LOL, Nathan. The question was rhetorical, as I haven’t had/made time to exercise that right in awhile, but your offer is generous. Thanks.
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January 23rd, 2010 at 3:31 pm
Nathan,
1) The problem isn’t that corporations aren’t made up of people. Those people also have the right to form PACs, to donate individually, to do as Ross Perot and spend their own money influencing the political process.
The problems are, however:
(a) that corporations spending from their general treasury have no requirements placed on them for transparency. We can’t know where their money comes from, and we will more than likely have very little idea of where their money is going.
(b) that along with the decrease in transparency, corporate structures lack accountability – if a CEO or board of directors decides that the profit motive requires them to intervene in an election, shareholders will have few means at their disposal to stop them. PACs and other specifically political organizations get their money from people freely donating in support of specific political objectives. Even unions have at least nominally more democratic structures.
(c) that corporations are creations of the state. Form a corporation, and you get your limited liability and all the other rights under the law because the state decides you’re on the up-and-up. The Supreme Court has now granted corporations a slew of additional rights that they have not enjoyed for over thirty years; what do we do if the body politic thinks that these artificial entities don’t deserve those rights, and never did?
Had they known that this would happen, states might have put in a “no electioneering” clause into the standard corporate charter: it seems reasonable to me that a state could require corporations to voluntarily relinquish that one right in order to gain the rest. But the court’s decision makes that impossible for existing corporations, and I’m not clear that they would allow states to do that for new ones as they were created. Are we now in a position in which corporations enjoy certain rights in utero, and that states may not deny those rights? It certainly seems that way to me.
(d) that many U.S. corporations are managed and controlled by foreign nationals whose interests might not correspond with those of U.S. citizens. “International Unions” in this context is laughable, since most “international” unions don’t share management structures or revenue between countries: if they do, it’s mostly the American unions supporting unions abroad. Now we’re in a situation in which foreign investors may provide capital to an American company solely in order to influence an American election. I wouldn’t be surprised if this ruling allowed someone to set up a corporation with the specific intent of facilitating foreign influence on our elections.
There are other problems with the ruling – most of which have already been pointed out on this thread – but I’m going to stop there.
2) The issue of public financing ignores the historical context. Beyond having raised a ton of money, the Obama campaign also wanted to avoid the situation the Kerry campaign found itself in, where it was tied to a limited amount of public funds from the primary, and forced to wait for another limited disbursement that would not arrive until after Kerry received the nomination at the convention.
Bush had forgone public financing in the primary, and in the time between the primary and the Republican convention (in early September, with about eight weeks left in the campaign) he used that money advantage to pummel Kerry mercilessly. It got worse after the Democratic convention: Kerry was forced to conserve his general election funds throughout the month of August, while Bush was still using unlimited primary funds.
In that context, the contrast you draw between public financing in the primary and the general election is a distinction without a difference. Bush had no opposition in his primary, and he used unlimited primary funds almost exclusively toward winning the general election. The answer is to provide more money and to provide it as soon as a candidate clinches the nomination, rather than after the convention. Maybe after 2008, Republicans would be more interested in fixing that, but I’m not holding my breath.
3) Finally, you talk about how government shouldn’t regulate corporations, and just provide efficient services, etc, as if everyone left of center was too blind to see the good things that entrepreneurship has to offer us. Quite the contrary: the American left by and large respects private enterprise as an engine of prosperity; certainly the Democratic Party does for the most part.
Regulation has been chosen over direct provision of services because of that respect, not in spite of our skepticism. I see regulation as an absolutely necessary part of a free market: it relieves those in charge of corporations of having to choose between immoral actions and decreased profits by enforcing community standards. Corporations are – most often – groups of people, and it is far easier for groups to exceed the bounds of morality than individuals, especially when one group is in competition with another. Regulation holds these groups to the same moral strictures they’re likely to observe as individuals.
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January 23rd, 2010 at 6:59 pm
Unfettered capitalism is like a mechanical clock without an escapement mechanism. With one, they run smoothly and can provide long service keeping good time. Without its control, they run crazily and break violently.
Criticize the corporate form and you’ll be labeled anti-capitalist and anti-business. Nonsense. I make my living working for them. Doesn’t mean they don’t need improving, like our original Constitution.
Humans ran businesses for millennia before the corporation. (They don’t call a certain business “the world’s oldest profession” for nothing.) A restaurant in China has supposedly been in business for a millennium; some pubs in England for nine hundred years. Long before corporations. Business isn’t the problem. How we structure it is. That’s a modern invention.
I once asked in the AC-T how Sam Walton went (for some people) from being Everyman Sam to Prince of Darkness. Essentially, how big is too big? Many people who start small businesses put heart and soul into them, and sees how the businesses perform and treat employees as a reflection of their beliefs and personal integrity (if they have any).
The tipping point is when a firm goes public. Once that creation is beholden to absentee landlords (shareholders) interested primarily in the firm’s ability to deliver profit from afar, all that begins to fall away and the creator loses control of his creation. Remember when the former five-and dime operator from Bentonville supposedly drove from store to store in his pickup and prided himself on Wal-Mart selling American-made products? Not any more. Maximizing profit is the prime directive, especially for the public corporation. The charter and the shareholders demand it. That’s the deal with the devil a small business owner makes when he takes his creation public.
We tell ourselves that we wouldn’t become Ken Lay or Dennis Kozlowski, that their failings are personal, and to a degree that’s true. But avarice is part and parcel of the statutory and institutional design that places profit above all other concerns. It is a matter of faulty design. Humans may feel obliged to give lip service to the Golden Rule, but not corporations. As legal entities, corporations are designed by statute without conscience or feeling, just appetite for profits and an instinct for self-preservation.
For public safety, we insist that people keep their dogs on leashes, but not their corporations. Because people run them, we think that somehow they are human. We are their arms and legs, giving the illusion of humanity maybe, but it’s only an illusion.
Watch “Up In The Air” with George Clooney as Ryan Bingham, the Gordon Gecko of our time, hired to fire people so the firms can milk a little more profit from their businesses by sacrificing people. The ones fired in that film were not actors, but real people brought in to reenact their firings. I’ve escorted people to those rooms. I’ve been escorted myself.
I wrote in the AC-T back in 2005:
If corporations seem not to have hearts, it’s because they don’t. They were not engineered in at the law factory. Hearts get in the way of maximizing performance.
My 2005 piece ended this way:
You want the democracy Americans have fought and died for further corrupted by artificial persons driven only by a thirst for money? Not me. I have enough trouble already with the flesh-and-blood kind.
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January 23rd, 2010 at 9:30 pm
The Court upheld the right of government to require disclosure of independent expenditures by corporations or unions so there should be transparency. But if we are going to restrict corporations political activities, why not restrict newspapers, tv stations, radio stations, popular internet sites, etc. because these media conglomerates have a tremendous impact on voters’ perceptions?
I was not advocating for no rules or regulation of private business, every business sector must meet certain standards (hopefully reasonable) like the dairy buiness – environmental, public sanitation, worker protection, etc. I think we have gone too far though in most areas. Just recently Boone Pickens announced he was going to cut his order of wind turbines in half because of the inability to jump through all the regulatory hurdles for transmission of the wind power to the power grid. It takes us over fifteen years to build a nuclear power plant (that’s a guess since we haven’t built a new one in 30 years) because of all the compliance requirements. China is going gang busters with renewable energy, nuclear, etc. and we just seem to stand still (sort of like the I 26 Connector project). Say we wanted to build Fontana Dam today, how long do you think it would take? Probably wouldn’t happen in my lifetime.
Most businesses (including corporations) are successful when they empower their workers because ultimately, especially in a large organization, good employees will result in the increased growth and profit of the business. A great example of this attitude is right here in NC with SAS which consistently ranks as one of the best places in America to work. Traditionally and for most of my adult life, our employment market has been sufficiently robust that if you didn’t take care of your workers, they could go somewhere else. Unfortunately for the past year and a half, that hasn’t necessarily been the case. Long term due to demographic issues (it is hard to imagine now) corporations and other employers may see more worker shortages especially in skilled areas so employee retention will become more important.
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January 23rd, 2010 at 11:48 pm
Pickens’ testimony here lays out several of the hurdles he faced.
Pickens is a visionary. I hate hearing that he has had to trim back the wind project. A steep drop in natural gas prices didn’t help his economics. But this isn’t the 19th century and Mesa isn’t Union Pacific building the Transcontinental Railroad. Another of the modern, shall we say, “regulatory hurdles” Pickens faced was Texas landowners’ objections to his corporations’ using public water district eminent domain rules to take their land to benefit a private power project. The Kelo ruling didn’t help the atmospherics in that regard. Just now, lots of Americans think about as much of eminent domain as America’s original inhabitants thought of manifest destiny. But that’s the water one swims in in a mature democracy (I use mature advisedly) where common people own land and reasonably feel as if they have a stake in what’s built on it, beside it, uphill or upwind of it.
Building new power lines, dams and power plants would be a heck of a lot easier if this were a dictatorship (or China), to borrow from another prominent Texan. All the more reason not to hand the manifest destiny types any more power to steamroll the little guys than they have already.
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January 24th, 2010 at 5:29 pm
This Supreme Court decision means that China can buy or start domestic companies, and then buy our Congress. That means that not only will they be selling us toxic crap, there will finally be no rules to stop them (not that the ones currently in place are working). And they will enable laws to change immigration, so that the Chinese can easily move here.
Of course, all the comments about how corporations are totally amoral will still apply. Chinese business are totally amoral also.
Our country will be sold to the amoral corporations with the most money and some fools will call it ‘free speech’.
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January 24th, 2010 at 8:52 pm
Perhaps it is time to mention a book I read recently called Life, Inc. by Douglas Rushkoff. This book does a good job of telling the history of corporations, and how the corporations came into being as a means of centralizing authority and power for monarchs. The book also shows how modern corporations influence people’s values to a level of selfishness that benefits the corporations more than individuals who are supposedly looking out for themselves. The book also uncovers practically unheard of history of money. It is about 240 pages that move very fast, and it is very eye opening.
It needs to be emphasized that many who reject forms of collectivism such as socialism or communism seem to forget or not know in the first place that corporatism is just another form of collectivism. If freedom or liberty are to have any meaning or moral imperative at all, then they must be reserved to the individual (or natural person). As soon as we start to grant collectives or groups (or corporations) the same “freedom” in the law as individuals, we automatically put the individual at a disadvantage since clearly, just by virtue of the numbers making up the collective, a collective has power the individual can not have. This is the essence of collectivism, the power of groups over the autonomy of the individual.
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January 24th, 2010 at 9:35 pm
writ reminds me of what Thom Hartmann said: Corporations are how capital organizes itself, unions are how labor organizes itself. It’s well known how difficult it is to form a new labor union. What does it take to form a Limited Liability Corporation in the very, very, very corporate-friendly state of Delaware? About a hundred clams and one business day.
http://www.delawareintercorp.com/t-WhyIncorporateinDelaware.aspx
That’s but one basic example of how corporations have gotten both the federal and state governments to tilt the playing field toward them. Imagine if your fooseball opponent was allowed to put bricks under his end of the table. It’s like that.
This is why I always get suspicious whenever I hear someone lumping labor unions in with corporations in the too-much-money-in-politics debate. It’s like when the UN placed an arms embargo in the former Yugoslavia while Serbian artillery pounded Bosnian civilians. It was an uneven fight and the “even-handed” embargo merely locked in the advantage of the side that had most of the heavy guns.
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January 24th, 2010 at 10:16 pm
Rushkoff of “Coercion.”
I love how our champions of personal responsibility (for others) are such stalwart defenders of a style of doing business designed explicitly to limit their own
liabilitypersonal responsibility.Rate this comment:
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January 25th, 2010 at 10:49 am
From Glenn Greenwald at Salon (full article here):
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January 25th, 2010 at 11:20 pm
Michael – the reason that more money poured into the Democrats campaign in 2008 was the fact that any thinking person could see that Republicans were dead ducks for the time being, thanks to screw-ups by Bush & Cheney. The public only has two choices, and those corporations want to be sure that they have both choices under control – hence, the money pours in.
And in light of how things are looking right now, I think a Republican is going to get the White House in 2012.
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January 26th, 2010 at 2:58 pm
I forgot to mention that I stumbled across something recently called the “B Corporation”. The B Corp is a type of corporation that includes social and environmental measures in its “bottom line,” sometimes referred to as a triple bottom line. These goals that go beyond simple financial return to shareholders are included in their corporate by-laws. From the B Corp organization’s website, I see that North Carolina has 11 such corporations and my own California has 72. I don’t know if this is the whole answer, but I do find it encouraging that companies can voluntarily and legally enhance their mission beyond profit.
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