www.reclaimdemocracy.org
excerpts from Corporate History
http://reclaimdemocracy.org/pdf/primers/hidden_corporate_history.pdf (PDF)
"Today, corporations wield immense power over our government, public lands, even our schools. But this was not the intent of our country’s founders."
"In 1776 we declared our independence not only from British rule, but also from the corporations of England that controlled trade and extracted wealth from the U.S. (and other) colonies. Thus, in the early days of our country, we only allowed corporations to be chartered (licensed to operate) to serve explicitly as a tool to gather investment and disperse financial liability in order to provide public goods, such as construction of roads, bridges or canals.
After fighting a revolution for freedom from colonialism, our country's founders retained a healthy fear of the similar threats posed by corporate power and wisely limited corporations exclusively to a business role. These state laws,many of which remain on the books today, imposed conditions such as these:"
- A charter was granted for a limited time.
- Corporations were explicitly chartered for the purpose of serving the public interest-- profit for shareholders was the means to that end.
- Corporations could engage only in activities necessary to fulfill their chartered purpose.
- Corporations could be terminated if they exceeded their authority or if they caused public harm.
- Owners and managers were responsible for criminal acts they committed on the job.
- Corporations could not make any political contributions, nor spend money to influence legislation.
- A corporation could not purchase or own stock in other corporations, nor own any property other than that necessary to fulfill its chartered purpose."
<snip>
"One of the most severe blows to citizen authority was seeded in the 1886 Supreme Court case of Santa Clara County v. Southern Pacific Railroad. Though the court did not make a ruling on the question of “corporate personhood,” thanks to misleading notes of a clerk, the decision subsequently was used as “precedent” to hold that a private corporation was a "natural person." This meant that the 14th Amendment, enacted to protect rights of freed slaves, used to grant corporations Constitutional rights. Justices have since struck down hundreds of local, state and federal laws enacted to protect people from corporate harm based on this illegitimate premise."
"There can be no effective control of corporations while their political activity remains. To put an end to it will be neither a short nor an easy task, but it can be done." -- President Theodore Roosevelt, 1910
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Also see the documentary "The Corporation"
www.thecorporation.com
"150 years ago the business corporation was a relatively insignificant institution. Today it is all pervasive. Like the church, the monarchy and the communist party in other times and places, the corporation is today's dominant institution. This documentary examines the nature, evolution, impacts and possible futures of the modern business corporation.
In law, the corporation is a “person”. But what kind of person is it?
Considering the odd legal fiction that deems a corporation a “person” in the eyes of the law, this documentary employs a checklist, based on actual diagnostic criteria of the World Health Organisation and DSM IV, the standard tool of psychiatrists and psychologists. What emerges is a disturbing diagnosis."