Corporations are TULEs (the universal legal entities). They have become the Swiss Army Knives of legal hacking, government lock picking, treasury robbing, regulation cutting, jury rigging, and democracy hijacking.
They are increasingly blurring all the lines between the person, local government, nation state, and international entity. They have almost entirely rubbed out any lines between the private and public sectors.
A corporation can now emulate almost every legal attribute of a person. It can emulate almost every structural and legal detail of a nation state, with the exception of a dwindling number of national legal powers. Governmental jurisdictions still have a degree of sovereignty or legal superiority over international free-trade agreements” are whittling these governmental powers down., but things like “
In some respects the powers and authorities of corporations actually exceed those of nation states and even those of international legal bodies. The most powerful international legal bodies are in fact those constituted by the largest multinational corporations themselves.
All economic and political theories that stress or depend on any of the past distinctions between persons, corporations, and states have become (or are rapidly becoming) obsolete. Little things like democracy, justice, capitalism, socialism, markets, property, and commons, for example.
What does this mean? How does this affect us?
The corruption of campaigns, elections, and political leaders, and the corporate “occupation” of government bodies and agencies mean that large corporations control the institutions of civil society and make the rules (or control the selective enforcement) of labor policy, taxation, government spending, financial regulation, food and drug safety, the environment, and so on.
We now have a strongly bifurcated, two-tiered justice system–one set of laws for the rich and one for the rest of us. The laws for the rich give them cover to practice disaster capitalism, creating and/or exploiting economic bubbles or boom-bust cycles that enable the rich to vacuum up assets from all the lower classes and the commons at fire-sale prices.
The rapid co-evolution of corporation law and technology are making the practice if not the concept of governmental regulation obsolete. The majority of government regulations now have the effect if not the intent of granting monopolies, immunities, and other advantages to big corporations over small corporations, local governments, and persons.
The public sector and the commons are being privatized en route to becoming monopolized. In most cases that also means being undemocritized. This invasion of our governments and the commons is producing a new system of ownership and governance of society that in many ways resembles the feudalism and manorialim of the Dark Ages. This has been called plutocracy and neofeudalism.
All the progressive democratic revolutions of the past two thousand years including the Athenian democracy, the Magna Carta, the European and US revolutions against monarchy, the revolutions of labor unions against the Robber Barons, and the petit revolutions of social movements and civilian governments against the militarily-industrial-financial-surveillance complex (such as the New Deal, the civil rights movement, and the Watergate and Church Committee Hearings, etc.) are all being rolled back by this universal authoritarian counter-revolution.
Things that will never be the same:
- the middle class
- the rule of law
- law enforcement
- justice & the courts
- public services and utilities
- civil rights
- you name it
And there’s no place to run. No place to hide.
Related PRA 2.0 Posts
- How to make corporations stop ripping you off (salon.com)
- Corporatizing National Security: What It Means (nader.org)
- The United States of ALEC: Privatizing America One Statehouse At A Time (ourfuture.org)