Citizens have challenged corporate power in the past and I think they will do so again. Prior to the 17th amendment, corporations were basically buying senators
I think there may be a popular movement to urge for a constitutional amendment to clarify the status of corporate personhood.
There is also a strong logical argument for legislation that says that if a corp. does business with federal government it cannot spend money to influence elections. So that would include industries w defense contractors, big Pharma, the insurance industry, and many others who have contracts or subsidies.
Now, before you choose to post again, please learn to ****ing read the English language. Thanks.
Last edited by other; 01-31-10 at 12:26 AM.
Sorry, I fail to see how defining the rights delineated in the constitution as meant for people not corporations cedes power to Washington. I would say that it helps to cede power to citizens.that's a can o' worms that also happens to be a degredation of freedom of the press. Most, I think, would oppose ceding such power to Washington.
Hmm, I think that many of our elected officials are extremely unhappy with a situation that forces them to spend two days out of every work week raising money rather than doing the people's business. Judging from the Abramoff scandal there are certainly people whose minds are twisted by the flow of money. NOt all, though.
Why not just cut to the chase and remove the incentive for such entities to bother rent-seeking in the first place? Why not simply push for a limitation to the power of the government to manipulate markets? As long as legislators have this ability, entities will seek to buy off legislators to affect policy either in their favor or to stifle competitors. Any law restricting corporations is going to be riddled with loopholes... why would you trust the very people who are so easily bought off by corporations to effect any serious limitation in the process? They will only pass law that serves to pick and choose among various outlets of information--those that suit their own re-elections.
But in general, meaningful changes have to come from the bottom up. There is every reason why libertarians and progressives should make common cause to work toward financial/electoral changes that would break the back of the two party system.