Corporations are Human Creations. We Can't Let Them Threaten Our Survival

Wed, 11 Mar 2020 04:42:59 +1100

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://www.commondreams.org/views/2020/03/06/corporations-are-human-creations-we-cant-let-them-threaten-our-survival>

"[...] the United States has become a global driver of the processes by
which global corporations pursue with impunity the destruction of
Earth’s capacity to support life. And ironically, they do so for the
primary purpose of growing the fortunes of billionaires.

It is worth remembering that a corporation exists only when a government
has issued a charter. There is no legitimate reason for any
democratically accountable government to issue a corporate charter other
than to serve a public purpose. Similarly, there is no legitimate reason
why a corporation chartered by one government jurisdiction has any
inherent right thereby to do business in any other jurisdiction unless
granted that privilege by the people of that jurisdiction through their
government.

That current law contradicts these simple truths is a consequence of
corporate interests’ ability to manipulate the legal system.

Current rules governing corporate conduct encourage and reward what
should be treated as criminal behavior. Consider the following examples:

1. They allow corporations to reap the rewards of their decisions
without bearing the full costs. For example, when they evade paying
taxes, they evade paying their fair share of the costs of
infrastructure, education, or other essentials of doing business.

2. They allow the corporation to assess value only in terms of financial
costs and returns, thus ignoring the need to secure the health of
Earth’s regenerative systems on which all life depends.

3. They allow corporations to use their enormous financial resources and
centralized decision-making to shape public opinion and pressure
politicians to assure that laws favor corporate interests instead of
public interests."

Via libramoon@pluspora.com.

Cheers,
        *** Xanni ***
--
mailto:xanni@xanadu.net                   Andrew Pam
http://www.xanadu.com.au/                 Chief Scientist, Xanadu
http://www.glasswings.com.au/             Partner, Glass Wings
http://www.sericyb.com.au/                Manager, Serious Cybernetics

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