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Every Corporation is required by law to ignore the interests of "the people" when making decisions. [View All]

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ConsAreLiars Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-20-07 12:16 AM
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Every Corporation is required by law to ignore the interests of "the people" when making decisions.
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Edited on Sat Jan-20-07 12:41 AM by ConsAreLiars
(Other than non-profits and not-for-profits, of course, which are exempted from this obligation and allowed to put other interests ahead of profits.)

If the directors of any corporation try to use their position to serve the common good of the common people, rather than maximizing the shareholders' profits, then they are not doing their assigned jobs. The Corporation's only permissible values and goals are measured in money and power.

This, unfortunately, poses a real dilemma for Democratic politicians who depend on Big Money from corporate interests if they are to be "competitive" in their campaigns for office. On the one hand, they may wish to serve the greater good for the greater number, but, on the other, if they are to be elected they need to serve the corporations that have the kind of money they need to get elected, and they need to avoid antagonizing those entities that can and will use massive money and influence to defeat them.

Nothing new in these observations, but it means that many of our Democratic politicians are limited in their ability to act on behalf of the common good. Better than the Republicans, who are wholly bought and paid for by the ruling classes, and a few are truly independent of Big Money.

So the dilemma is how turn a nominal democracy (in which the Supremist Court has ruled that Corporations are "people" and using "their" money to manipulate elections is a proper execrise of "free speech) into a real one, where real people make real choices based on real information and on the principle of "one person, one vote."

Any ideas better than "eat the rich"? I'm not fond of fatty foods, apart from the dietary no-no.

(edit to replace "they they" with the a single "they" and "who" (those things are not people, duh!) with "which.")
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