Revoking Corporate Charters + We The People
First Program: Revoking Corporate Charters
Corporations, Corporations. From ExxonMobil to Wal-Mart they dominate society and politics. Over the last 100 years corporations have accrued enormous economic power and legal standing. A corporation is licensed to do business. These licenses are called charters. In theory, when a corporation violates its charter, it can be revoked. That used to happen but not any more. And now corporate power has gotten a big boost. On Jan. 21, 2010, the Supreme Court, in Citizen's United v. Federal Election Commission, ruled that there are no limitations on campaign contributions by both domestic and foreign corporations. Noam Chomsky calls the decision "a dark day in the history of U.S. democracy, and its decline." The ruling, The New York Times says "strikes at the heart of democracy" by having "paved the way for corporations to use their vast treasuries to overwhelm elections."
Second Program: We The People
Corporate rights are at the core of almost every environmental and social justice problem that we face. Corporate power grew immensely toward the end of the 19th century with the dismantling of legal restraints and the redefinition of corporations as persons with free speech rights. Today, the level of corporate power over the political system and the economy is unprecedented. And it shows no signs of lessening. The Citizens United Supreme Court ruling made a bad situation worse. It allows for unlimited penetration of corporate money into politics. What does it mean for the workings of a self-styled democracy to have corporations calling the shots in Washington and the state houses? We the people are on the short end of the stick. How can citizens change this unfair and unequal situation?
Your cart is currently empty