After the Guidant Corporation sold flawed heart defibrillators which killed six people, prosecutors negotiated a fine of $296 million -- just 1% of what Boston Scientific paid to acquire it after the investigation began.
Corporations are not just citizens united to make protected speech, but artificial structures entitled to legal and tax advantages different from individual citizens. They exist for the avowed purpose of making money -- not advocating policy.
The passage of the Oregon's tax-the-rich ballot propositions is one more indication that most believe the vast wealth in the hands of individuals and corporations should be drawn upon to promote the public welfare.
As evidenced by the failure of our mortgage and loan institutions and the failure of our government to govern with efficiency and care, the corporate approach itself is a failure because it doesn't take humans into its equation.
As an LGBT person in the United States, more Republican donations should be a scary thing. The more the monied interests in America get access to the political process, the worse off minorities and poor people will be.
To defend itself in a major environmental lawsuit in Ecuador, it appears that American oil giant Chevron is employing methods -- and people -- that are as dirty as the toxic waste pits it left scattered across the rainforest floor.
Chevron is making an extraordinary lobbying effort to evade responsibility for its massive toxic contamination of the Ecuadorian Amazon. In solidarity with all communities where Big Oil puts profit ahead of people, we must say "no more."