Corporations can be prosecuted as criminals and every year some get convicted of crimes. However, over the past decade the government has not stepped up corporate crime enforcement. In fact, the evidence is to the contrary.
So many Americans are so angry and frustrated these days -- vulnerable to loss of job and healthcare and home, without a shred of economic security -- they're easy prey for demagogues offering simple answers and ready scapegoats. Take, for example, Bill O'Reilly.
Can we entrust Wall Street with our finances? Are professional athletes really competing and thus deserve their fan's passion, time and money? It all boils down to trust. Here are few steps towards re-building this credibility.
The birth of independent media, and the democratization of the media through the digital revolution is a hopeful sign for the return of art for the purpose of enriching the community, personal expression and shaping the future of our culture in a healthy and inspired way.
I've been treating addicts for more than 40 years and when I hear the descriptions of those for whom millions and billions of dollars in wealth drives them to want more and more, I know we're dealing with addiction.
Historically, corporations were understood to be responsible to a complex web of constituencies, including employees, communities, society at large, suppliers, and shareholders. But in the era of deregulation, the interests of shareholders began to trump all the others.
It is about time that we took control of exploding executive pay. It is not just that the sums involved are unfair, and as history has shown, will only become more obscene. These executives control the allocation of resources that represent the well-being of the 99 percent.
Will America continue to be a "good guy" nation in our own eyes and the eyes of the world? Or will some businesses lead us into a downward spiral and will average Americans allow ourselves to be swept up in it?
While the environment does play a central role in Seuss' tale, an underlying tension in the book, which links directly to our current economic woes, is the tension between short-term profit seeking activities, and long-term value creation and sustainability.
Now that it's officially halftime in America, perhaps we will see some changes soon. In the meantime, those of us who are struggling through, battling against or just doing our best still need to spread the love on the most romantic holiday of the year.
It is both greedy and irresponsible for American corporations to allow untaxed cash to pile up on their balance sheets while American infrastructure crumbles, public education suffers, the unemployed struggle to survive and shareholders lose their investments.