Are Elections Meaningless in a Corporatocracy?

corporatocracy

Regardless of the outcome of the midterm elections, the Supreme Court decision in Citizens United is one that cannot be ignored. Joe Palermo called the impact of the Citizens United decision a “game changer”.

Time for a Shareholder Protection Act

Corporate Election Contributions

Robert Reich: Under a shareholder protection law, shareholders would not have to spend their share of corporate earnings on candidates who they personally oppose. If a company dedicates, say, $100,000 to a particular campaign in a given year — directly, or indirectly through a front organization — shareholders who don’t want their money used this way would get a special dividend or additional shares representing their pro rata share of that campaign expenditure.

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