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Monday 30 October 2023

Where Will the Complex Issues Created by Corporations Lead?

 Many progressive Americans seem to believe that much of the current imbalance of economic power was caused by the Citizens United Supreme Court decision which ruled as Mitt Romney famously said, that “corporations are people, my friend.”

By allowing corporations to contribute to political action groups the behemoth entities began to use these PACs to elect conservatives who repealed regulations and gave the corporations huge government subsidies and tax breaks. Even now the fossil fuel industry, which is hugely powerful, is being subsidized in its exploration for more oil.

We can mock the idea that corporations are living beings or even “people” but a deeper look opens some interesting doors...<<<Read More>>>...