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Agreed.  Limited liability should also come with limited rights, and one of the limitations which should apply is that corporate entities should not be entitled to become actors in the political space - e.g. by supporting/funding candidates of their choice.  Corporations don't have votes for that reason.

The job of a corporate body is to pursue it's corporate interests - quite often transnational now - whereas the job of a state is to protect the interests of its people - which may sometimes coincide but are never coterminous with the interests of the people.

Political debate should be between the people and not determined by corporate interests - which means there should also be considerable restrictions on corporate ownership of media etc. - which are an essential part of a functioning democracy.

"It's a mystery to me - the game commences, For the usual fee - plus expenses, Confidential information - it's in my diary..."

by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Fri May 23rd, 2008 at 01:46:16 PM EST
[ Parent ]
Frank Schnittger:
protect the interests of its people - which may sometimes coincide but are never coterminous with the interests of the people

I should of course have written "coterminous with the interests of corporations".  What's good for Henry Ford isn't always what's good for America - even if it sometimes can be.

"It's a mystery to me - the game commences, For the usual fee - plus expenses, Confidential information - it's in my diary..."

by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Fri May 23rd, 2008 at 01:49:06 PM EST
[ Parent ]

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