Sunday, September 27, 2009

treat corporations like people?


NYTimes | Re “The Rights of Corporations” (editorial, Sept. 22), about the Supreme Court case Citizens United v. Federal Election Commission:

When our Constitution was written, corporations may have had much broader interests in civic matters that might have made them generous toward civic affairs, yet they were not personified.

Today, corporations have evolved to have the narrow interest of maximizing returns to their investors and to their executives, often denying the rights of their employees and the small stockholder. To allude to their control, or behavior, as being representative of the stockholders, or the will of the people, is delusional.

They aggregate great wealth, and use this exclusively to advance toward more wealth. And, when applied to influence legislation, they are devoid of personhood. To give them new rights would show that they have bought a place in our government, at the deepest level, the Supreme Court.

0 comments: