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The Relentless Rise of Corporate Power
From:
Thomas H. Greco, Jr. -- Economist Thomas H. Greco, Jr. -- Economist
For Immediate Release:
Dateline: Tucson, AZ
Thursday, May 27, 2021

 

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Did you know that after winning independence from the British Empire “…our country’s founders retained a healthy fear of corporate power and wisely limited corporations exclusively to a business role. Corporations were forbidden from attempting to influence elections, public policy, and other realms of civic society. 

Initially, the privilege of incorporation was granted selectively to enable activities that benefited the public, such as construction of roads or canals. Enabling shareholders to profit was seen as a means to that end. The states also imposed conditions (some of which remain on the books, though unused)…

  • Corporate charters (licenses to exist) were granted for a limited time and could be revoked promptly for violating laws.
  • Corporations could engage only in activities necessary to fulfill their chartered purpose.
  • Corporations could not own stock in other corporations nor own any property that was not essential to fulfilling their chartered purpose.
  • Corporations were often terminated if they exceeded their authority or caused public harm.
  • Owners and managers were responsible for criminal acts committed on the job.
  • Corporations could not make any political or charitable contributions nor spend money to influence law-making.

Read the whole story, Our Hidden History of Corporations in the U.S.

You might also wish to consult David Korten’s excellent book, When Corporations Rule the World, and Thom Hartmann’s Unequal Protection: The rise of corporate dominance and theft of human rights.

To be entertained while being informed and inspired watch the movie, They Live.
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Obey, Consume, Stay asleep, Watch TV, Submit, Conform

There is a movement to amend the U.S. Constitution to put an end to corporate personhood and re-impose reasonable limits on corporate powers.
On January 21, 2010, with its ruling in Citizens United v. Federal Election Commission, the Supreme Court ruled that corporations are persons, entitled by the U.S. Constitution to buy elections and run our government. Human beings are people; corporations are legal fictions.”    — Move to Amend

I consider huge transnational corporations to be the malevolent aliens among us. The small elite class of humans who control them are using these corporations to shape a global neo-feudal dystopia in which they will be absolute masters over the rest of humanity, the Earth, and all of its resources. Unfortunately, the vast majority of people remain complacent and blind to this reality, but it cannot exist without our complicity. You don’t need special glasses to see the truth, just open your eyes, don’t be afraid to inquire, trust your own senses, and think for yourself. The way toward a better future for ourselves, our children, and our posterity lies in reducing our dependence upon all of the social, economic, political and subsidiary systems and structures that have been utterly corrupted, and working together to empower ourselves and our communities to be more self-reliant and masters of our own destiny.

It matters not how strait the gate, How charged with punishments the scroll; I am the master of my fate: I am the captain of my soul.
            — William Ernest Henley.

News Media Interview Contact
Name: Thomas H. Greco, Jr.
Title: Consultant
Dateline: Tucson, AZ United States
Cell Phone: 520-820-0575
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