American business has eliminated untold numbers of other middle class jobs. That's why the employment and housing markets are struggling, food stamp use is at an all-time high and the ranks of the working poor are swelling, while corporate profits soar.
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.
Yet properly governed, corporations can be run for the 99 percent. In fact, that's still the case in many successful economies. The truth is that it's possible to take back the corporations for the 99 percent in the U.S. if we can really wrap our heads around the problem and the solutions.
With a purchasing power expected to reach an unprecedented $1.2 trillion dollars in 2012, and a population already surpassing 50 million, Hispanics perhaps our greatest hope for a sustained economic recovery.
We are a nation of corporations, but our press and our conventional politics do not in any systematic way make visible the effect of corporate actions on the country. Let us as citizens make up for that significant omission.
We are in a moral crisis. Our collective trust has been broken and it is time for a values revolution. A moral renaissance, if you will, where how you're doing business is more important than what you're doing.
Too few companies take responsibility for the potential role they can have in shaping the culture of America. They may value the values inside their companies, but they do not put their values-in-action outside of their companies to influence America.
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.
In contrast with many other campaign finance reformers, Harvard Professor Lawrence Lessig believes fixing the U.S. election system will require more than just overturning the Citizens United ruling, which removed many restrictions on independent political spending.
How anyone could argue that corporations shouldn't be held responsible for human rights abuses is almost beyond comprehension. Yet that's precisely what Shell and their supporters have been insisting and what they will argue to the Supreme Court today.
On Tuesday, the Supreme Court justices will consider whether the U.S. will become a haven for companies that are allegedly complicit in the most heinous crimes or whether it will continue to provide a legal forum for accountability and justice.
Honest American suppliers, managers, and workers will be the losers unless and until we break the dynamic under which cheaters prosper and fraudulent CEOs and corrupt heads of state become wealthy by cooperating to craft crony capitalism.
We have a debate between the right -- Republicans like Mitt Romney who would cut corporate taxes and ask them to pay less -- and a business-friendly, centrist president who won't call on corporations to pay more. "Fair share?" -- not so much.