A Quote by Theodore Roosevelt
There can be no effective control of corporations while their political activity remains. To put an end to it will be neither a short nor an easy task, but it can be done ... Corporate expenditures for political purposes, and especially such expenditures by public-service corporations, have supplied one of the principal sources of corruption in our political affairs.
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The true friend of property, the true conservative, is he who insists that property shall be the servant and not the master of the commonwealth; who insists that the creature of man’s making shall be the servant and not the master of the man who made it. The citizens of the United States must effectively control the mighty commercial forces which they have called into being. There can be no effective control of corporations while their political activity remains. To put an end to it will be neither a short nor an easy task, but it can be done.
There can be no effective control of corporations while their political activity remains.
The business of a Political Economist is neither to recommend nor to dissuade, but to state general principles, which it is fatal to neglect, but neither advisable, nor perhaps practicable, to use as the sole, or even the principal, guides in the actual conduct of affairs.
One glance proves beyond a shadow of a doubt that these unions (railroad craft unions) are exceedingly useful to the corporations; and to the extent that they serve the economic and political purposes of the corporations, they are the foes – and not the friends – of the working class.
Corporations do not pay taxes, they collect them, passing the burden to consumers as a cost of production. And corporate taxation is a feast of rent-seeking - a cornucopia of credits, exemptions and other subsidies conferred by the political class on favored, and grateful, corporations.
To break the power of the big corporations, we would propose that the biggest 500 corporations that dominate the rigged economy and political system should be taken into public ownership, and run democratically.
We have to define our top priority pending expenditures; these are, first and foremost, our social expenditures, and we have to cut on expenditures that we cannot currently afford. This is the very least we should do in 2015
If power lies more and more in the hands of corporations rather than governments, the most effective way to be political is not to cast one's vote at the ballot box, but to do so at the supermarket or at a shareholders' meeting. When provoked, corporations respond.
A university is not a service station. Neither is it a political society, nor a meeting place for political societies. With all its limitations and failures, and they are invariably many, it is the best and most benign side of our society insofar as that society aims to cherish the human mind.
We have reached a stage where governments and political processes have been hijacked by the corporate world. Corporations can within five hours influence the vote in the U.S. Congress. They can influence the entire voting patterns of the Indian Parliament. Ordinary people who put governments in power might want to go in a different direction. I call this the phenomenon of the inverted state, where the state is no longer accountable to the people. The state only serves the interests of corporations.
The worst illiterate is the political illiterate. He hears nothing, sees nothing, takes no part in political life. He doesn't seem to know that the cost of living, the price of beans, of flour, of rent, of medicines all depend on political decisions. He even prides himself on his political ignorance, sticks out his chest and says he hates politics. He doesn't know, the imbecile, that from his political non-participation comes the prostitute, the abandoned child, the robber and, worst of all, corrupt officials, the lackeys of exploitative multinational corporations.
Corporations are poisoning our air and water while at the same time lining the pockets of elected officials with political contributions.
The federal government's most useful role is not to rush into a program of excessive increases in public expenditures, but to expand the incentives and opportunities for private expenditures.
All contributions by corporations to any political committee or for any political purpose should be forbidden by law
Corporations are economic entities or structures, and yet they're allowed to fund political candidates, and when those candidates are elected, guess who gets in the door first? It's corporations.
Let individuals contribute as they desire; but let us prohibit in effective fashion all corporations from making contributions for any political purpose, directly or indirectly.
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