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Ralph Nader: Avoiding corporate liability

Consumer advocate Ralph Nader has run for President of the United States as a Green Party candidate and more recently as an independent candidate (with various third party lines in certain states.) At www.nader.org, there is a new post about avoiding corporate liability. It was also issued as an e-mail alert.

(excerpt from a post at) www.nader.org
Avoiding Corporate Liability
Wednesday, May 27. 2009

Once upon a time early in the 19th century, corporations came into existence by state legislatures approving charters, which were granted for a limited period of time and for limited purposes. These corporations – producing textiles and other products in New England – raised capital in part because their investors had limited liability. That meant they could not lose any more than their investment if things went wrong.

Since corporations were artificial legal entities and not human, these lawmakers feared that without some strong leashes, they could be creating Frankensteins.

Over the following two hundred years, these ever larger corporations and their attorneys have been driving relentlessly, dynamically to erect systems of privileges and immunities that give the corporations themselves limited liability.

Their first big move was to take the chartering authority from the state legislature and place it inside an executive agency where chartering became automatic, shorn of the conditions the lawmakers once imposed…

Whether it is equal justice under the law, equal protection under the law, equal access to the law, or the power to make laws, there is no contest between the corporate entity and the real human being.

What Supreme Court Justice Louis Brandeis feared in an opinion he wrote during the nineteen thirties is happening. These megacorporations have become Frankensteins—moving to own our genes, the plant seeds of life and taking control of computerized artificial intelligence. Their final conquest is far along—the control of government which is then turned against its own people…

11 Comments

  1. Deran June 1, 2009

    Nader has learned his lesson and would never again involve himself with the GP.

  2. Ross Levin June 1, 2009

    Isn’t that exactly who Donald Raymond Lake voted for?

  3. nader paul kucinich gravel June 1, 2009

    92 perot
    96 perot
    00 nader
    04 nader
    08 nader

  4. Donald Raymond Lake May 28, 2009

    The recall of corrupt insider Gray Davis was done with out the ‘help’ [read: subjective total neglect] of Time, Newsweek and US News.

    The recall of the worst big town mayor since Jerry Springer is being down with out the ‘help’ of alternative emedia, including, on a ballot access issue, Ballot Access News.

    Sad to say, sad to say……..

    Kill the New Ruskin Fence has sent you the following story:

    The beginning of the end of the worst big town mayor since Jerry Springer…. ..

    Posted on Thursday, May. 28, 2009

    Funkhouser looks ahead in speech, says it won’t be his last

    By LYNN HORSLEY The Kansas City Star

    While awaiting results of a recall effort, Mayor Mark Funkhouser nevertheless delivered an ambitious “State of the City” agenda today, focusing on education, crime prevention and better city services.Funkhouser was defiant in the face of that recall effort, whose results should be known late this week. He noted that his critics probably hope that this speech, his second “State of the City” address, will be his last.“But let there be no misunderstanding,” he predicted, “I will be giving my third ‘State of the City’ address this time next year.”

  5. Pookie May 28, 2009

    Will Ralph Nader run as Green Party candidate for U.S. Senate in Conn race in 2010?

    Let’s all hope so..

    And encourage Mr. Nader to work to continue to build America’s great other party – the Green Party.

  6. Donald Raymond Lake May 28, 2009

    Sad to say, sad to say!

    [Perot, Perot, Nader, Nader, Nader voter]

  7. d.eris May 28, 2009

    The corporate undead.

Comments are closed.