It used to be anybody who forged a banking transaction would end up in deep legal trouble. Not anymore – at least if you’re a banker. You might get fired as four senior Wells Fargo managers were recently. But the police won’t be looking for you. What’s worse, if you are a victim of the […]
The Commission on Presidential Debates (CPD) may sound official, but it’s a private non-profit corporation, owned and controlled by Republican and Democratic party operatives, with most financial support coming from for-profit corporations. The CPD undermines the interests of Americans in several ways.
“If you don’t like the growth of giant corporations, stop giving them your money,” said Jeff Milchen (Reclaim Democracy’s Executive Director at the time) in 1997. While this does not suggest exercising our power as consumers is sufficient by itself to solve the problem of runaway corporate power, we too often find the importance of our […]
Wired.com recently posted an amusing article about a man who sold shares in himself in exchange for a cut of his future earnings and the right to make decisions about his life. The consequences shed light on problems of our system of corporate ownership, problems which are otherwise difficult to see.