{"id":26518,"date":"2017-10-06T06:29:54","date_gmt":"2017-10-06T11:29:54","guid":{"rendered":"http:\/\/olduvai.ca\/?p=26518"},"modified":"2017-10-06T06:29:54","modified_gmt":"2017-10-06T11:29:54","slug":"how-big-corporations-game-our-democracy-into-their-plutocracy","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=26518","title":{"rendered":"How Big Corporations Game Our Democracy Into Their Plutocracy"},"content":{"rendered":"

How Big Corporations Game Our Democracy Into Their Plutocracy<\/a><\/h3>\n
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Photo by Todd Blaisdell | CC BY 2.0<\/a><\/p>\n<\/div>\n

A major chapter in American history \u2013 rarely taught in our schools \u2013 is how ever larger corporations have moved to game, neutralize and undermine the people\u2019s continual efforts to protect our touted democratic society. It is a fascinating story of the relentless exercise of power conceived or seized by corporations, with the strategic guidance of corporate lawyers.<\/p>\n

Start with their birth certificate \u2013 the state charters that bring these corporate entities into existence, with limited liability for their investors. In the early 1800s, the Massachusetts legislature chartered many of the textile manufacturing companies. These charters could be renewed on good behavior, because lawmakers then viewed charters as privileges contingent on meeting the broad interests of society.<\/p>\n

Fast forward to now. The charter can be granted online in a matter of hours; there are no renewal periods and the job is often given over to a state commission. Over the decades, corporate lobbyists have had either the legislatures or the courts grant them more privileges, immunities and concentration of power in management, rendering shareholders \u2013 their owners \u2013 increasingly powerless. The same corporate fixers work for corporations and their subsidiaries abroad to help them avoid US laws, taxes and escape disclosures.<\/p>\n

Remarkably, the artificial creation called the \u201ccorporation\u201d has now achieved almost all of the rights of real people under our \u201cWe the People\u201d Constitution that never mentions the words \u201ccorporation\u201d or \u201ccompany.\u201d<\/p>\n

Corporations cannot vote, at least not yet; only people can. That was seen as a major lever of democratic power over corporations. So what has happened? Commercial money to politicians started weakening the influence of voters because the politicians became increasingly dependent on the corporate interests that bankrolled their campaigns.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

How Big Corporations Game Our Democracy Into Their Plutocracy Photo by Todd Blaisdell | CC BY 2.0 A major chapter in American history \u2013 rarely taught in our schools \u2013 is how ever larger corporations have moved to game, neutralize and undermine the people\u2019s continual efforts to protect our touted democratic society. It is a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6],"tags":[171,204,2238,9581,827],"class_list":["post-26518","post","type-post","status-publish","format-standard","hentry","category-liberty","tag-corporations","tag-democracy","tag-plutocracy","tag-ralph-nader","tag-united-states"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/26518","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26518"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/26518\/revisions"}],"predecessor-version":[{"id":26519,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/26518\/revisions\/26519"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}