Published on Thursday, August 20, 2009 by
CommonDreams.org Changing the Corporationby Robert C. Hinkley
The corporation is no more than an aggregation of capital managed for the proportional benefit of those who supply it. It is a system controlled by managers, administrators and clerks largely for the benefit of passive investors looking for a higher return than they can earn elsewhere.
It makes no sense that government should provide the very wealthy with a tool that poses a continuous threat to the public interest. Government's job is to protect the public interest, not sponsor those that destroy it.
Doing nothingIn Common Sense Thomas Paine from argued for a change of government, but what he said 232 years ago has application today.
The current situation has become intolerable. Governments now stand by while modern corporations destroy. Governments are responsible for creating the modern corporation. Citizens are responsible for creating government. We have furnished the means through which the destruction is conducted. In the words of Paine, "our calamities (are) heightened."
This problem is not getting fixed. Indeed it is getting worse. As each year passes, more communities are destroyed, human rights are violated and millions die. Corporate induced climate change now threatens all six and one-half billion inhabitants on this planet.
If nothing is done, the catastrophic effects predicted of global warming will become a reality. Pollution and human rights abuse will continue to move around the globe as governments in one jurisdiction pass laws and governments in others do not. Employees and our communities will continue to be threatened by globalization. New problems will take their place among those left unsolved as even newer technologies are developed and government finds it impossible to keep up. ................(more)
The complete piece is at:
http://www.commondreams.org/view/2009/08/20-5