The Daily Aztec

A new amendment to end corporate rule

by Randy Wilde

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Artwork courtesy of Staff Artist Rob Piper

Artwork courtesy of Staff Artist Rob Piper

Our democratic process has become a business, where influence is bought and sold like any other commodity. How did we get here? Simple – by letting corporations drown out the voices of citizens.

“It’s our democracy, we bought it, we paid for it, and we’re going to keep it,” Murray Hill Inc., a Washington D.C. company, said. In a striking satirical ploy, Murray Hill Inc. has started a gag campaign to run for Congress in response to last year’s Supreme Court ruling in Citizens United v. Federal Election Commission.

This shocking decision essentially gave corporations the right to unlimited campaign spending in federal elections. According to the justices, corporations are considered “persons” whose right to free speech — including campaign ads — is protected by the First Amendment. As outrageous as it looks, this decision is less than shocking considering the excessive entanglement of corporate and political power.

The connection between government and business needs some serious unraveling. In addition to the massive financial flows between corporate donors and pork-barreling politicians, personnel are exchanged with disturbing frequency. There exists a rotating door between big business and government, Wall Street and Washington, whereby bureaucrats are chosen from the industries they are to oversee and politicians retire from government to a cushy position with the companies they have served in office.

Treasury Secretary Timothy Geithner has been accused of connections to Goldman Sachs, the largest domestic recipient of federal money in the AIG bailout, which he orchestrated. His Chief of Staff Mark Patterson also worked for Goldman Sachs.

Margaret Spelling, former U.S. secretary of education who worked for former President George W. Bush is now the executive vice president of the business group National Chamber Foundation. William Daley, President Barack Obama’s chief of staff, previously worked at JP Morgan Chase. And I’m sure many of you are familiar with former Vice President Dick Cheney’s flip-flops between government and Halliburton, even serving as its CEO. These are only a few examples of the frighteningly common phenomena.

Corporations have also found loopholes for nearly every attempt at regulating their influence on government. They channel money through political action committees and 527s to buy a stake in a politician’s victory.  These 527s are tax-exempt, unregulated by the FEC and can fundraise and donate as much as they’d like to freely influence the outcome of elections.

Corporations often even hedge their bets by funding both candidates. It’s time to put down the butter knife and take a machete to corporate entanglement in the election process.

Even after the economic meltdown largely caused by corporate mismanagement and flawed markets, voices in Washington echo those in Wall Street calling for an end to excessive and damaging regulation. Now that takes some nerve.

Average Americans, on the other hand, are beginning to realize the danger of corporate hegemony since the economic collapse exposed shocking cases of corporate greed. Even back in 2000, a Business Week / Harris poll found 82 percent of Americans surveyed thought “business has too much power over too many aspects of our lives.” A more recent ABC News poll found 76 percent of Americans opposed the Citizens United ruling.

Opposition has finally begun to step up to the plate in response to the latest farce. Last week a Vermont state senator introduced a resolution to the state legislature that would amend the U.S. Constitution to explicitly state that corporations are not to be considered persons. Experts believe this resolution is likely to pass in the state house.

The laws of the land are meant to protect the rights of its people, not faceless corporate entities. They are meant to protect democracy, not profit-margins. If a constitutional amendment is what it will take to preserve our democracy, then that’s what we must do.

It is absolutely ridiculous to have to spell out the fundamental differences between a human being and a corporation, but that’s the state of American democracy. Striking down the ridiculous idea of corporate personhood is just the first step in purging corporate pollution from our democratic process. But it is an important one.

Corporations have D.C. firmly in their grasps, so it would seem the state legislatures are our only route to the new amendment. We must all pressure our representatives to put people before money and save our democracy, no matter how it affects their campaign donations for the next election cycle.

—Randy Wilde is an international security and conflict resolution junior.

— The views expressed in this column do not necessarily reflect the opinion of The Daily Aztec.

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9 Responses to “A new amendment to end corporate rule”

  1. Sergio Gutierrez on February 10th, 2011 11:56 am

    Loved the article. I completely agree. Just as we have a separation from both church and state, we should also have a separation from corporation and state. We have to remember that this government gets its power from the people, not corporations. The whole decision of corporate person-hood was not based from legislative or judicial decision, but from a series of events that involved misinterpretation of judicial decisions, deception, and corruption.

  2. JoeB on February 15th, 2011 6:25 pm

    So you agree we need a separation from corporation and state, how about separation from Unions and state. Oh? it’s ok for the Unions to push unlimited funds, but no OK for the corporations? How convenient…

  3. Evelyn Aleridge on March 2nd, 2011 1:50 pm

    Unions are quite often one of the few entities that work to defend worker’s rights against corporations. Corporations are given rights as persons while unions are not. And while unions do finance a significant amount to campaigns Corporation contributions beat them, hands down.


  4. Obbop on February 15th, 2011 9:31 am

    Too much to make meaningful comments upon.

    However, one general opinion/comment.

    OBEY the ruling class; corporate or otherwise or you MAY be confronted with dire retribution; up to and including your murder.

    If you doubt this please look back through USA history.

  5. Evelyn Aleridge on March 2nd, 2011 1:56 pm

    Why is there a general threat on a comment page?

    In a state of tranquility, wealth, and luxury, our descendants would forget the arts of war and the noble activity and zeal which made their ancestors invincible. Every art of corruption would be employed to loosen the bond of union which renders our resistance formidable. When the spirit of liberty, which now animates our hearts and gives success to our arms, is extinct, our numbers will accelerate our ruin and render us easier victims to tyranny. If ye love wealth better than liberty, the tranquility of servitude than the animating contest of freedom—go from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains sit lightly upon you, and may posterity forget that ye were our countrymen!”
    -Benjamin Franklin

  6. Doug on February 15th, 2011 9:40 am

    This is a step in the right direction, but it won’t do enough in the long run. America has already been bought and sold by these corporate eliteists, and they are now entrenched in the American political landscape. Even if the amendment goes through, it serves as nothing more than a law people can point to and say “See, we’ve got your back”. While at the same time, the same bullcrap will just go on behind closed doors.

  7. Doug on February 15th, 2011 1:52 pm

    Its time for America to wake up from its slumber and realize that FDR did not win the war against the Fascists of this great nation. He may have won some important battles, but the Fascists won, and that is what we are seeing play out on a national stage now.

  8. Jonathan Taylor on February 15th, 2011 7:35 pm

    Fortuanately someone in Government has enough sense to see that this “e,porer” has no clothes. A Corpoaration is just another “legal fiction” to make life easier. How many Corporations have died of cancer, fought for American freedom. Show me a Corporation. Not the employees, not the buildings, not the listed assets. Show me a living breathing Corporation. I knew that Congress was completely lost, but now the Supreme Court is lead by a madman as well.

  9. Frank on February 16th, 2011 9:38 am

    It is a ridiculous amendment written by someone who doesn’t think.

    Think of laws that say (for example and loosly stated) “No person shall dispose of toxic waste improperly”. Accompanying that law will be another that includes corporations to be defined as “persons”.

    If a corporation is not a person, such a law could not restrain its actions.

    Such use of the term and definition of “person” is very common throughout the laws of the fifty states and federal government.

    “OBEY the ruling class; corporate or otherwise or you MAY be confronted with dire retribution; up to and including your murder”

    You’re right – this is not a meaningful comment.

    “FDR did not win the war against the Fascists … the Fascists won,”

    You might want to look up facism.

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