Microchip, Macro Impact, Micro Vision – Ralph Nader

However, most corporations, especially giants like Apple and ExxonMobil, want it both ways. They want to be viewed legally as “persons” to receive all the constitutional rights as do real human beings, in addition to their added immunities and privileges as enormous powerful artificial entities. Yet they then constantly behave as if they are just amoral (some would say immoral) entities sworn to only maximize profits for shareholders. Why then have the bosses stripped their companies’ owners of almost every power except to say yes to management?

Maybe someday, the giant institutional shareholders – Blackrock, Vanguard, Fidelity, and the large pension funds, etc. – may start treating the companies they invest in by standards and expectations accorded to their purported status as “persons.”

The skeptics may reply: “why should they, they’re large top-down corporations too.”

True enough. The change will come from the people through controlling their Congress. It takes one percent or less of voters, organized in congressional districts and reflecting public opinion, to get things accomplished.  Basic corporate reform is difficult but easier than you think. (See, Breaking Through Power: It’s Easier Than We Think).

Microchip, Macro Impact, Micro Vision – Ralph Nader