Wednesday, May 22, 2013

Corporations are not persons

"I suggest we be clear that our goal is not to reform global corporate and financial rule -- it is to end it. The publicly traded, limited liability corporation is a pathological institutional form and financial speculation is inherently predatory. As a first step both must be regulated. The appropriate longer term goal is to rid our economic affairs of these institutional pathologies -- much as our ancestors eliminated the institution of monarchy."
–David Korten

Corporations are not "persons"; they are malignant tumors.

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