A Quote by James Madison
There is an evil which ought to be guarded against in the indefinite accumulation of property from the capacity of holding it in perpetuity by...corporations. The power of all corporations ought to be limited in this respect. The growing wealth acquired by them never fails to be a source of abuses.
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The danger of silent accumulations & encroachments by Ecclesiastical Bodies have not sufficiently engaged attention in the U.S. [...] Besides the danger of a direct mixture of Religion & civil Government, there is an evil which ought to be guarded against in the indefinite accumulation of property from the capacity of holding it in perpetuity by ecclesiastical Corporations. [...] The establishment of the chaplainship to Congs. is a palpable violation of equal rights, as well as of Constitutional principles.
The growing wealth aquired by them corporations never fails to be a source of abuses.
The real difficulty is with the vast wealth and power in the hands of the few and the unscrupulous who represent or control capital. Hundreds of laws of Congress and the state legislatures are in the interest of these men and against the interests of workingmen. These need to be exposed and repealed. All laws on corporations, on taxation, on trusts, wills, descent, and the like, need examination and extensive change. This is a government of the people, by the people, and for the people no longer. It is a government of corporations, by corporations, and for corporations.
There is nothing wrong with corporations. Corporations are a good thing. But corporations should not be running our government. Corporations are good because they drive our economy, they encourage people to assemble wealth and to risk it and then create jobs.
In all cases where incidental powers are acted upon, the principal and incidental ought to be congenial with each other, and partake of a common nature. The incidental power ought to be strictly subordinate and limited to the end proposed to be obtained by the specified power. In other words, under the name of accomplishing one object which is specified, the power implied ought not to be made to embrace other objects, which are not specified in the constitution.
Women ought to be fully guarded by law in all rights of property, labor, profession, etc.; but, roughly stated, the voting population ought to represent the fighting population.
I'm not against the corporations. They are our wealth. But they are getting too greedy. I don't want to do away with corporations. I want them to make our cars, however, not our laws.
![Doris "Granny D" Haddock](/assets/images/photos/avatars/doris-"granny-d"-haddock.webp)
It's time for us to review the circumstances under which corporations gain rights superior to that of individuals in our society. It's time for us to look at the practices of corporations and holding them accountable for violations of law which often go unnoticed because there is very little regulation.
If you start with the presumptions that liberals do, that corporations are evil and it all descends from that and that government is great and that government's there to make sure corporations play fair and are not mean and do not rip people off, there's a little bit of truth in everything. Some corporations are bad, some corporations have done bad things, but as a general rule, it's dangerous to subscribe to things like that.
The left's obsession with corporations as a spawn of evil is pathological paranoia. A corporation is just one form of organizing a private business enterprise for purposes of limiting personal liability, issuing stock, filing financial reports and paying taxes. Other forms include partnerships and sole proprietorships. Are they less evil? You buy your groceries from corporations, your cars, newspapers, cellphones, clothing and exercise equipment. Your parents and children work for corporations. Are they evil?
In civilized communities, property as well as personal rights is an essential object of the laws, which encourage industry by securing the enjoyment of its fruits; that industry from which property results, and that enjoyment which consists not merely in its immediate use, but in its posthumous destination to objects of choice, and of kindred affection. In a just and free government, therefore, the rights both of property and of persons ought to be effectually guarded.
The whole privatisation of health and education, of natural resources and essential infrastructure - all of this is so twisted and so antithetical to anything that would place the interests of human beings or the environment at the center of what ought to be a government concern - should stop. The amassing of unfettered wealth of individuals and corporations should stop. The inheritance of rich people's wealth by their children should stop. The expropriators should have their wealth expropriated and redistributed.
Somebodys paying the corporations that destroyed Iraq and the corporations that are rebuilding it. Theyre getting paid by the American taxpayer in both cases. So we pay them to destroy the country, and then we pay them to rebuild it. Those are gifts from U.S. taxpayer to U.S. corporations.
Without question, the balance of power on the planet today lies in the hands of business. Corporations rival governments in wealth, influence, and power. Indeed, business all too often pulls the strings of government. Competing institutions-religion, the press, even the military-play subordinate roles in much of the world today. If a values-driven approach to business can begin to redirect this vast power toward more constructive ends than the simple accumulation of wealth, the human race and Planet Earth will have a fighting chance.
Antitrust laws ought to be deployed, not against business, but to bust this two-party monopoly, which subverts competition in government and rewards the colluding quislings with sinecures in perpetuity.
NAFTA and GATT are quite similar. They both have highly protectionist elements. They're kind of a mixture of liberalization and protection designed to expand the power of transnational corporations. They're very basically investor's rights agreements. One crucial part in both is the "intellectual property right," which is a funny way of saying that corporations, like pharmaceutical companies, will have near-monopolistic rule over future technology. This now includes product as well as process rights.
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