John Refior · @jrefior
365 followers · 2796 posts · Server hachyderm.io
John Refior · @jrefior
365 followers · 2795 posts · Server hachyderm.io

"Corporations did not have the same corporate veil of protection that are enjoyed today.

"The shift towards corporations gaining more power and control happened as the US progressed towards industrialization. The Civil War wildly enriched corporations and with this new wealth came bribes to legislators and courts that allowed for increased liability protection and other corporate protections. The 1886 case Santa Clara v. Southern Pacific decided that were people"

#scotus #corporations

Last updated 1 year ago

John Refior · @jrefior
365 followers · 2792 posts · Server hachyderm.io

"The Delaware General Corporation Law: The statute itself is an enabling statute intended to permit corporations and their shareholders the maximum flexibility in ordering their affairs. As such, it does not purport to be a code of conduct. Indeed, it is written with a bias against regulation."
- from "Why Corporations Choose Delaware", a document produced by the Delaware Department of State

Full PDF here:
corpfiles.delaware.gov/whycorp
--

#delaware #corporations #corruption #usa

Last updated 1 year ago

IT News · @itnewsbot
3724 followers · 273190 posts · Server schleuss.online
Mark@RCR 🌀 · @sco7sbhoy
681 followers · 1448 posts · Server mastodon.scot

What we need is progressive thinking, not more of the same.
“…two-thirds of voters wanting the government to increase wealth taxes, shadow chancellor Rachel Reeves last month emphasised that she won’t. And although 63% of Brits think taxes on the rich are too low, Starmer has made clear that he doesn’t want to raise income tax for top earners, saying his driving principle is, rather, to lower taxes. Only 5% think the rich pay too much tax...”
opendemocracy.net/en/labour-pa

#taxtherich #corporations

Last updated 1 year ago

Nonilex · @Nonilex
928 followers · 3368 posts · Server masto.ai

The decision — which extended to , & — effectively curbed efforts to rein in spending, while paving the way for follow-up rulings from courts & the that would unleash additional billions of dollars in donations. Those donors would spawn a boom in ” & “” groups as vehicles for spending on political activity.

#citizensunited #freespeechrights #corporations #nonprofits #unions #political #fec #taxexempt #charitable #socialwelfare

Last updated 1 year ago

Kevin Karhan :verified: · @kkarhan
1490 followers · 108743 posts · Server mstdn.social

@passenger @bencourtice @deflarerOfClouds @eniko

The.core problem is and that it incentivizes & over and because that's what the laws incentivize.
In fact have to maximize profits ba all means legally possible or risk getting sued by shareholders.

Whereas are also bound to their members/shareholders but with the demand to be sustainable.
Same goes with for unsustaonable .

#agriculture #subsidies #cooperatives #corporations #public #society #sustainability #profits #unsustainability #Capitalism

Last updated 1 year ago

Ricardo Harvin · @ricardoharvin
1558 followers · 14784 posts · Server mstdn.social

The system is not at all about , but about justifying our which imprisons people at a much higher rate than any other country—about as many as —while, obscenely, inhumanely, and unjustly, creating massive for both "" and contractors for -run and .

Our entire system must be rebuilt, and need to be included in that process.

youtu.be/gHA7jEm9xMA?si=1SOAsv

#courtrooms #prisons #jails #Government #corporations #privateprison #profits #China #prisonindustrialcomplex #carceral #Justice #legal #US

Last updated 1 year ago

If Bore the True Cost of Their , They’d Owe Trillions
And that doesn’t even include “downstream” spewing.
The true cost of ? 44% of corporate profits.
Yet governments are still pouring $7 trillion into subsidies for . grist.org/economics/true-cost-

#corporations #emissions #carbon #climate #pollution #fossilfuels #climatechange #climatecrisis

Last updated 1 year ago

Byrnejmf · @Byrnejmf
22 followers · 391 posts · Server canada.masto.host

Listed as a reason to learn Spanish...because of course you want to contribute to capitalism, don't you??? /s

I don't give a fuck about corporations

Me importan un carajo las corporaciones

COMER LOS RICOS

#spanish #capitalism #corporations #eattherich #nomegusta

Last updated 1 year ago

Gladwyn d’Souza · @godsouza
170 followers · 3039 posts · Server sfba.social
IT News · @itnewsbot
3713 followers · 272611 posts · Server schleuss.online
Mike DiGirolamo · @MikeDiGirolamo
973 followers · 338 posts · Server journa.host

What can corporations learn from the mistakes of traditional capitalism?

“If we continue to live in the world where shareholder value is the only thing that is valued, we will burn up and die,” says Beth Thoren at Patagonia.

Listen to my interview with Beth on the @mongabay Newscast here: open.spotify.com/episode/1QDLv

#podcast #News #Nature #corporations #ClimateChange #Capitalism

Last updated 1 year ago

Nando161 · @nando161
907 followers · 39097 posts · Server kolektiva.social
Byrnejmf · @Byrnejmf
22 followers · 389 posts · Server canada.masto.host

Organized labor, unions, are the best way to fight , against environmental destruction! Global labour must reverse the despicable robbery that have carried out for decades. @liberal_party @TheDemocrats @NDP @Europarl_EN @POTUS @JustinTrudeau

#corporategreed #corporations

Last updated 1 year ago

Tina M Casey · @Casey
74 followers · 206 posts · Server newsie.social

@KeithDJohnson
Yes, we cottoned onto this many years ago, most is .

A brilliant documentary on how have been systematically transitioned from being an active '' to a docile '' is The Century Of The Self (/BBC, 2002).

It cover a suite of propaganda techniques used to for all manner of abuse by large .

#philanthropy #fauxlanthropy #thePeople #citizen #consumer #adamcurtis #engineerConsent #corporations

Last updated 1 year ago

Charlie McHenry · @CharlieMcHenry
393 followers · 1084 posts · Server connectop.us

Today’s reminder that giant corporations are NOT your friend and not to be trusted: 3M is paying $5.5B to resolve 300k lawsuits over defective combat earplugs qz.com/3m-is-paying-5-5-billio

#capitalism #corporations #threem #3m #legal #settlement

Last updated 1 year ago

Freedom2B · @Freedom2B
107 followers · 947 posts · Server kolektiva.social

Google Books

book: Texas After The Civil War

"With the demise of the Davis administration, the Texas Democratic party took over the reins of government and controlled them virtually unchallenged until the middle of the twentieth century. At least through the nineteenth century, the Redeemer Democrats who represented the plantation, merchant, and railroad interests that had come to dominate the party by the end of Reconstruction remained in control and shaped not only party policy but also that of the state government. Their basic positions on public affairs began to be formed almost immediately during the sessions of the Fourteenth Legislature as party leaders attempted to secure three major goals. The first was to lower taxes as much as possible, a purpose that cemented small farmers to the party and fulfilled the desires of the large landed interests of the state, including planters and by this time the railroads. The second objective was the continued encouragement of economic development through aid to railroads and other such endeavors, though without raising taxes. And the third was securing the state's landed interests' control over labor. A new constitution in 1876 provided the institutional framework that assured that the Redeemers achieved these ends. Democratic politics throughout the rest of the century revolved around the use of whatever means were needed to maintain power to meet the party's aims.

"The Fourteenth Legislature began the process necessary for Democrats to gain their political goals, but from the beginning, party leaders realized that achieving them required changes in the basic institutions of government. As a result, during the first session, they initiated efforts at writing a new consti- tution. Governor Coke and other Democratic leaders originally wanted law- makers to carry out this task, avoiding the costs of a convention and also lim- iting the possibilities that an open fight would take place between the party's regular leadership and the agrarians. A committee drafted a document that differed from the Constitution of 1869, before its amendment, primarily in its provisions for supporting internal improvements and carrying out elections. The proposal confirmed the use of land grants as a means of encouraging the development of a transportation system, maintained a system of voter regis tration, and added the requirement that all voters had to pay a poll tax, a feature clearly intended to restrict black participation. What would have been the Constitution of 1874 failed to pass both houses of the legislature, however. This led to a constitutional convention in 1875.

"The convention met at Austin on September 6, 1875, and remained in ses- sion for almost three months. Democrats dominated the proceedings, and even though disputes developed between the delegates who represented the controlling interests of the party and agrarians-possibly forty of the ninety delegates were members of the Grange-they produced a draft constitution..."

chapter: Conservative Triumph
page 199







#confederacy #civilwar #history #ushistory #conservatives #taxes #laborrights #corporations

Last updated 1 year ago