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Originally posted by infolurker
It doesn't matter if your values have changed or not. Supporters of D & R will label you as part of the "other side". That is the gimmick.... If you are for "common sense" and NOT for the policies of "Our Guy" then you are a BAD Tea-bagger, Libertarian, anarchist, greenie, whatever.
You MUST conform to R or D!
Corruption is Corruption but people don't care as long as "their D or R side" is in power.... I am beginning to believe that people in general are really, really stupid.
Democrats and Republicans are like freeking Sports teams! It is the same game but the attitude is "I am routing for my team"! Doesn't matter if that game is bankruptcy or worse as long as my team wins and everything "bad" that happens is the "other" teams fault!
Originally posted by Frankidealist35
I hated corporate interests then and I still do now. I don't think corporations are part of a free-market society since they're legal entities guaranteed by the government.
Originally posted by Frankidealist35
reply to post by mnemeth1
Actually, corporations have a lot of government protections. They may be voluntary but corporations can rely on the government to help when they get in trouble. They don't have to worry about risks and losses like everyone else. When something bad happens to them they just pass the losses on to the tax payers. They love socialism. They're not just voluntary. They're also coercive institutions as well. And corporations have more rights than individuals or individual businesses- and that wouldn't have happened without the legal system, or, the supreme court helping them along the way. So no. They're not just a group of people voluntarily working together. They also seemingly have immunity from the law in cases when they harm other countries.
Over the following two hundred years, these ever larger corporations and their attorneys have been driving relentlessly, dynamically to erect systems of privileges and immunities that give the corporations themselves limited liability.
Their first big move was to take the chartering authority from the state legislature and place it inside an executive agency where chartering became automatic, shorn of the conditions the lawmakers once imposed.
Once chartering became automatic, perpetual and open-ended, corporate lawyers moved to have the courts – not the legislatures – turn corporations into “persons” for purposes of constitutional rights.
Their big breakthrough came with the Santa Clara case in 1886 when the U.S. Supreme Court allowed its summary headnotes to declare that the railroad in the case was a “person” for purposes of the 14th amendment. Through elaborations in later Supreme Court decisions, that meant that companies like Aetna, General Electric, Exxon and Lockheed had most of the same constitutional rights as real people like you.
Soon it was off to the races and the promised land of no-fault corporate behavior. Early in the 20th century, companies erected “no-fault” workers compensation schemes limiting damages for the horrors of worker injuries and workplace diseases in those mines, factories, and foundries.
Then came the steady erosion of shareholder rights and power, notwithstanding the securities acts of 1933 and 1934 which emphasized disclosure and anti-fraud rules. As owners, the shareholders have had little control over the corporations they “own”. The split between ownership by the stockholders and control by the corporate bosses, and their rubber stamp boards of directors, is now wider than the Grand Canyon.
With the limitless “business judgment rule” and the permissive corporate chartering goliath ensconced in the state of Delaware, shareholders don’t even have a vote as to whether their hired bosses should dissolve their company into bankruptcy.