Bill Quigley - Occupying Corporations: How to Cut Corporate Power
February 8, 2012 “Corporations are people, my friend.” Mitt Romney at Iowa State Fair
Corporations are obviously not people. But Romney is accurate in the sense that corporations have hijacked most of the rights of people while evading the responsibilities. An important part of the social justice agenda is democratizing corporations. This means we must radically change the laws so people can be in charge of corporations. We must strip them of corporate personhood and cut them down to size so democracy can work. People are taking action so democracy can regulate the size, scope and actions of corporations.
One of the most basic roles of society is to protect the people from harm. The massive size of many international corporations makes democratic control over them nearly impossible. Corporate crime is widespread. The New York Times, ProPublica and others have revealed Wall Street giants like JPMorgan, Citigroup, Bank of America and Goldman Sachs have been charged with fraud many times only to get off by paying hundreds of millions. Professors at University of Virginia have documented hundreds of corporations which have been found guilty or pled guilty in federal courts.
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