Corporate Power and Democracy by Jeffry Kaplan

“. . . corporate institutions have become more powerful than the sovereign people who originally granted them existence . . . . The role that government has played, in their view, is merely that of a referee who enforces the rules defined by corporations for their own benefit rather than the public’s.”

“By what authority can a conglomeration of capital and property (corporate power), whose existence is granted by the public, deny the right of a sovereign people to govern itself democratically?”

“. . . protesters have held fast to one principle: the right of a people to govern themselves, through their representatives, without obstruction by corporations. . . governments have no constitutional authority to give away sovereign and democratic rights to international trade tribunals that operate in secrecy (state and local officials are denied legal representation).”

Read the full article at Orion Magazine

 

Keywords : corporation, corporate power, legal personhood, self-interest, profit maximization, capitalism, people, democracy
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