Leveling the Political and Economic Playing Field
Corporations are creations of the government. The economic privileges granted to corporations are set by governments, not by the Constitution and certainly not by nature.
Dean Baker, t r u t h o u t
(Image: Jared Rodriguez / t r u t h o u t; Adapted: mrjoro, Old Shoe Woman)
The Supreme Court ruled last week (Jan 17-23) that corporations could spend as much money as they want in elections, thereby making most existing restrictions on corporate election spending unconstitutional. This raises the prospect of US politics becoming even more corrupt than it already is. It will now be totally legal for Goldman Sachs, Citigroup, or any other major corporation to spend endless amounts of money to elect politicians who will drain taxpayers' pockets to enhance their profits. This is not good for democracy.
However, if the court has ruled that Congress can't limit political spending by corporations, then it can always go the other direction and redefine corporations. The court effectively said that corporations have the same rights as individuals in the political sphere.
But corporations are creations of the government. The economic privileges granted to corporations are set by governments, not by the Constitution and certainly not by nature. Specifically, the limited liability of the shareholders in a corporation is a special privilege that governments grant to corporations.
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Related:
A Supreme Act Of Judical Treason Against The People Of The United States, And What We Can And Must Do About It, The Pen
Because of the gravity of the crime against the Constitution committed by a gang of 5 right wing judicial outlaws on our Supreme Court yesterday (Jan 22), we are launching two critical action pages at once:
- Action Page: Corporations Are NOT The People
- Action Page: Impeach The Supreme Court 5
