Saturday, May 30, 2009

How to tame a corporation.

This is not a recession; it is a return to reality as the last of our bubbles deflates, and we discover that ther are no more bubbles waiting in the wings.

As soon as our economy went into meltdown, the postgame analyses began. The leading culprit was the deregulation that began with the Reagan administration, while others blamed our transition from monopoly to finance capitalism.

However, nobody has mentioned that America’s political and economic well-being are being dragged through the mud by a dinosaur that has outlived its usefulness—the corporation. The corporation began as a dynamic and innovative system. Then, as its complexity increased, it reached a point where it began to devour itself. This is where we are today.

Granted, over the last 150 years, corporations have raised our standard of living. But then they decided that there was more profit to be made by forcing it to decline. After all, why pay workers a living wage when they can shop at Wal-Mart?

This raises the question of the proper role of the corporation.

I discovered years ago that I cannot drive a nail with my forehead. Not only does it hurt like hell, but it’s not very efficient. To drive a nail, I need a hammer. However, this doesn’t mean I make a hammer the center o my life and let it rule over my every move. Rather, it sits quietly in my toolbox until I have another nail to drive.

It’s the same with corporations. They have but one purpose, which is to feed and clothe me. Other than that, I expect them to sit quietly in the corner and not rock the boat.

The question, now, is what to do with them. I have a modest suggestion: a 28th Amendment to the Constitution stripping them of their personhood. Corporations have no rights; they have only privileges granted them by their charters. There is no reason they should have the constitutional protections granted individual citizens.

For that matter, the Supreme Court never granted them personhood. In the case of Santa Clara Count v Southern Pacific Railroad, the body of the decision said nothing about corporate personhood. That was inserted into the header, which summarized the decision, by a Supreme clerk.

Without corporate faux personhood, public funding of elections would become a possibility since the corporations couldn’t go crying to the courts about their free speech being impinged upon. Who knows? Congress might actually become honest again without corporate contributions pouring into its coffers.

Granted, such an amendment stands a snowball’s chance in Hell of passing. However, as our economy does a duck dive, we are seeing an unusual weather pattern—the temperature in Hell is falling precipitously.

Who Knows?

--Case Wagenvoord


Suzan said...

Woo Hoo!

I like your style, baby.

However, as our economy does a duck dive, we are seeing an unusual weather pattern—the temperature in Hell is falling precipitously.Tell it.

Case Wagenvoord said...

Oh yeah!

ninest123 said...

longchamp, tiffany and co, tory burch outlet, louis vuitton, oakley sunglasses, ugg boots, polo ralph lauren outlet, kate spade outlet, christian louboutin outlet, ray ban sunglasses, nike free, michael kors, louis vuitton outlet, ray ban sunglasses, polo ralph lauren outlet, kate spade handbags, air max, nike roshe run, ray ban sunglasses, longchamp outlet, nike air max, louis vuitton, nike free, coach outlet, chanel handbags, oakley sunglasses, louboutin outlet, air jordan pas cher, nike outlet, replica watches, gucci outlet, replica watches, oakley sunglasses, louboutin pas cher, sac longchamp, prada handbags, nike air max, cheap oakley sunglasses, ugg boots, louboutin shoes, oakley sunglasses, louboutin, ralph lauren pas cher, burberry, prada outlet, uggs on sale, jordan shoes, longchamp outlet, tiffany jewelry, longchamp pas cher

ninest123 said...

ugg pas cher, pandora jewelry, canada goose uk, pandora charms, marc jacobs, swarovski crystal, juicy couture outlet, moncler, ugg,ugg australia,ugg italia, moncler, louis vuitton, thomas sabo, moncler, pandora jewelry, doudoune canada goose, pandora charms, moncler, canada goose, louis vuitton, ugg boots uk, replica watches, moncler, bottes ugg, louis vuitton, juicy couture outlet, swarovski, supra shoes, hollister, moncler outlet, canada goose outlet, sac louis vuitton pas cher, ugg,uggs,uggs canada, canada goose, canada goose outlet, louis vuitton, coach outlet, links of london, wedding dresses, moncler, canada goose, moncler, canada goose

ninest123 said...

ferragamo shoes, ghd, gucci, toms shoes, nfl jerseys, louboutin, soccer jerseys, mcm handbags, birkin bag, converse, nike air max, nike air max, chi flat iron, valentino shoes, p90x workout, mont blanc, hollister, montre pas cher, lululemon, vans shoes, north face outlet, bottega veneta, herve leger, ray ban, ralph lauren, reebok shoes, jimmy choo shoes, instyler, beats by dre, mac cosmetics, baseball bats, karen millen, wedding dresses, babyliss, oakley, soccer shoes, new balance, celine handbags, insanity workout, hollister, vans, lancel, abercrombie and fitch, hollister, asics running shoes, longchamp, timberland boots, nike roshe, north face outlet, converse outlet

ninest123 said...

true religion jeans, north face, lululemon, nike huarache, timberland, nike roshe, converse pas cher, air force, hollister pas cher, michael kors outlet, true religion jeans, hogan, hollister, ray ban uk, michael kors outlet, michael kors outlet, coach purses, vanessa bruno, vans pas cher, michael kors, nike blazer, nike free run uk, ugg boots, oakley pas cher, nike air max, coach outlet, hermes, replica handbags, new balance pas cher, true religion outlet, burberry, ralph lauren uk, sac guess, ugg boots, nike trainers, michael kors outlet, abercrombie and fitch, true religion jeans, nike air max, ray ban pas cher, michael kors, michael kors, burberry outlet online, lacoste pas cher, mulberry, michael kors, north face, nike air max, michael kors outlet, tn pas cher