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Reply #53: On a realistic note, corporate charters should be revokable for these crimes. [View All]

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Ilsa Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-28-11 10:45 AM
Response to Reply #1
53. On a realistic note, corporate charters should be revokable for these crimes.
Edited on Sun Aug-28-11 10:51 AM by Ilsa
There is no reason for corporations to have the right to immortality when it is proven that they act against the best interests of the citizens and customers they purport to service.

If I recall a Thom Hartmann program correctly, corporate charters had to be periodically renewed several centuries ago. They had to re-prove that their existence was in the best interests of the community.

Of course now, this sort of thing, expiring charters, would be abused by powerful politicians to keep their buddies in commerce and to remove their competition.
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