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Corporations are people too, my friends. Special, unaccountable people.

How corporations became people you can't sue.
posted by T.D. Strange on Jun 15, 2014 - 75 comments

Game behind gamed: your narrative programming for the day

How The Economic Machine Works by Ray Dalio[1] actually makes a case against austerity[2] and for redistribution, but also for money printing (and, arguably, for bailouts), while stressing the need to keep making productivity-improving public and private investments. However, it could be equally entitled: How The Industrial Age Political-Economy Doesn't Work Anymore, viz. Surviving Progress (2011)... [more inside]
posted by kliuless on Sep 25, 2013 - 28 comments

Vermont Challenging Corporate Personhood

One year after the Citizens United v. Federal Election Commission decision, which, overturning over 100 years of precedent, opened a floodgate of corporate money into election campaigns, Virginia Lyons (D-VT), has introduced legislation (full text of bill not yet available, articles here and here) in the Vermont State Senate to amend the United States Constitution to explicitly state that corporations are not persons. This would overturn the controversial notion of corporate personhood which was established in the 1800s. Controversial not only for the unequal distribution of rights and responsibilities among humans and corporations, some, like Thom Hartmann (previously), have claimed that the notion of corporate personhood was established as an intentional misinterpretation of the decision as recorded by court reporter J.C. Bancroft Davis, former president of the Newburgh & New York Railway Co. [more inside]
posted by laminarial on Jan 24, 2011 - 102 comments

Eye of Providence

The Business Plot of 1933 has reached a logical conclusion: the Supreme Court has ruled that corporations may spend freely (pdf) to support or oppose candidates for president and Congress.
posted by four panels on Jan 21, 2010 - 332 comments

Symposium on Director Liability

Forum: The Pros and Cons of Director Liability. [more inside]
posted by monju_bosatsu on May 31, 2006 - 4 comments

New SEC Executive Compensation Proposal

The SEC has proposed new rules [pdf] to drastically increase requirements on executive compensation disclosure. You can read a summary of the proposal in the SEC's press release, as well as statements from Chairman Cox and Commissioner Atkin. [more inside]
posted by monju_bosatsu on Feb 16, 2006 - 23 comments

Some are more truth than libelous

Libelous claims about large corporations Fedex licks each package. Gateway boxes are made from real cowhide. And Victoria has another secret.
posted by wannabehippie on Aug 31, 2005 - 26 comments

So the FCC might let me be...

So the FCC might let me be... On June 2, FCC commissioners will vote on proposed changes to U.S. media ownership rules. Proponents of eliminating a ban on "cross ownership" argue that mergers between local newspapers and radio and TV stations in large and medium-sized markets will boost the quality and quantity of local news reportage. The nonprofit Consumers Union calls the ban "critical to the independence and diversity of our nation's media". Let the FCC know where you stand (third item on list).
posted by Bixby23 on May 14, 2003 - 15 comments

corporations as persons

Are Corporations Legally Persons?

Orthodoxy has it the Supreme Court decided in 1886, in a case called Santa Clara County v. the Southern Pacific Railroad, that corporations were indeed legal persons. I express that view myself, in a recent book. So do many others. So do many law schools. We are all wrong.

Mr. Hartmann undertook instead a conscientious search. He finally found the contemporary casebook, published in 1886, blew the dust away, and read Santa Clara County in the original, so to speak. Nowhere in the formal, written decision of the Court did he find corporate personhood mentioned. Not a word. The Supreme Court did NOT establish corporate personhood in Santa Clara County.


Pardon me while I go to the bookstore. This looks to be a book well worth reading. Imagine the US government controlled by the best interests of real people instead of corporations.
posted by nofundy on Dec 27, 2002 - 25 comments

®™ark

®™ark is looking for someone to marry a corporation. Since corporations are legal “people” — only missing the right to vote — they must have the right to marry. Perhaps Pyra is looking for a spouse?
posted by capt.crackpipe on Jan 4, 2001 - 18 comments

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