In the wake of the Jan. 6 Capitol attack, scores of companies put out statements on their plans to “reevaluate,” or outright stop, their donations to members of Congress who had voted to overturn the results of the 2020 election.
Many of those initial corporate statements following the attack were flimsy expressions of concern, if that. Corporations and trade groups spoke of “suspending” or “pausing” their political giving, only to dump tens of thousands into the campaign coffers of members of Congress who voted to subvert democracy.
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Communism isn’t that much better. It goes full dictator in an eyeblink
But then authoritarianism is pretty common no matter the system
btw
G’mornin’… it’s still dark out here
The government was foresale before January 6 and it remained foresale after January 6. Nothing fundamental changed. If you are running a corporation in America you have to be at the table where the deals are cut. The only way to get a place at the table is to pay elected officials. We have find tuned our bribery scheme in America so there is no ethical or legal bar to the bribery as long as you play the game by the rules–donations to the parties and campaigns to fund the media companies spewing infotainment. Remember all pigs are welcome at the American political trough, but hogs get slaughtered.
The hog who might have broken the mold is Donald Trump, the darling of the infotainment industry. They have a hard time taking him down. His showmanship is gold in their coffers so the last thing they want is for him to be slaughtered.
The new murmurings of “violent insurrection” by Turtle and Qevin may be a foretelling of things to come. At that point, we start asking these companies’ boards whether they support people who encouraged violent insurrection.
Sick of their hypocrisy of course, but reading corporate-speak for the umpteenth time makes me doubly ill. What kind of drones have the job of writing that crap? Uggh.
Back in the day corporations were chartered and required to regularly renew that charter by proving they were a benefit to that community.
Now corporations can literally commit murder and still not have their charter revoked. If, as Roberts suggest, corporations are people, then they should suffer from malfeasance just as individuals do. But that’s not how it works.
Back in the 80s there was a movement in the USSR to establish cooperatives owned by the employees. They were generally successful and popular.
Indeed, REI is an example of a very successful cooperative. As a customer, I get a ballot for the REI board of directors every year along with a dividend check that is usually at least 10% of my purchases.
The system as it is is toxic and destructive. We can do better.
I would think a good start would be to sue the carbon industry into receivership for the damage they have obviously done and liquidate their assets. This would obviously tank the DJIA but “I don’t really care, do you?”