To the Editor:
The Supreme Court ruled that corporations are people and it has led to vast sums of cash influencing our elections. Efforts are being made to overturn the decision yet it requires a …
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To the Editor:
The Supreme Court ruled that corporations are people and it has led to vast sums of cash influencing our elections. Efforts are being made to overturn the decision yet it requires a two-thirds vote in both the House and Senate and ratification by three-quarters of the states in our country. I don’t believe that will ever happen.
Perhaps a better way would be to provide more incentives for worker ownership of corporations (cooperatives). This would lead to corporate decisions that would value environmental sustainability and the common good over maximized profits. Corporate wealth would be shared more equitably with the workforce and the business would be more likely to remain in the community rather than pursue cheap labor elsewhere.
When corporations are run by the employees and decisions made in the best interest of the business, workforce and community then it really doesn’t matter if the company spends large sums of money in our elections. In the end, everyone benefits.
Robert Midura
Warwick
2 comments on this item Please log in to comment by clicking here
davebarry109
Robert...why are you worried about corporations when people like George Soros or the Kock brothers, all billionaires, can attempt to influence elections with hundreds of millions of dollars. Their money dwarfs most corporate donations. Soros was responsible for single handedly bringing down the Bank of England.
Thursday, February 6, 2014 Report this
JohnStark
Robert, Businesses are in business to make money for those who own the business i.e. shareholders. Many of the largest shareholders of America's largest corporations are pension funds. Ben Cohen and Jerry Greenfield found out the hard way that incorporating Woodstock into a business model isn't, well, sustainable.
Tuesday, February 11, 2014 Report this