A landmark Supreme Court ruling allows corporations to spend unlimited amounts of money to elect and defeat candidates. This turns democracy on its head. In a system that's closer to one dollar, one vote, (rather than one person, one vote) big business can out vote the public on every issue. Obama spoke out against this, hopefully he will do something to turn this around.
corporatocracy or corpocracy : a form of government where corporations, conglomerates (or government entities with private components), control the direction and governance of a country; otherwise known as fascism.
fascism |ˈfa sh ˌizəm| (also Fascism)
an authoritarian and nationalistic right-wing system of government and social organization.
- (in general use) extreme right-wing, authoritarian, or intolerant views or practice.
- The term Fascism was first used of the totalitarian right-wing nationalist regime of Mussolini in Italy (1922–43), and the regimes of the Nazis in Germany and Franco in Spain were also fascist. Fascism tends to include a belief in the supremacy of one national or ethnic group, a contempt for democracy, and the merging of business and government.
The right-wing brand of so-called patriotism is essentially the road to (or defense of) fascism. intolerance, AUTHORITARIANISM, totalitarianism, dictatorship, despotism, autocracy; Nazism, rightism; nationalism, xenophobia, racism, anti-Semitism; jingoism, isolationism; neofascism, neo-Nazism.
In a five-to-four decision, the Court overturned century-old restrictions on corporations, unions and other interest groups from using their extensive revenues to advocate for a specific candidate. The conservative members of the Court ruled corporations have First Amendment rights and that we cannot impose restrictions on their political speech.
Justice Anthony Kennedy (writing the majority opinion) described previously existing campaign finance laws as a form of censorship that has had a “chilling effect” on political speech. Although, one lawmaker described the ruling as the worst Supreme Court decision since the Dred Scott case justifying slavery.
In the dissenting opinion, Justice John Paul Stevens wrote:
- “[It] will cripple the ability of ordinary citizens, Congress, and the States to adopt even limited measures to protect against corporate domination of the electoral process.”
- A corporation is now a citizen, with all the political rights we have, but with all kinds of economic perks and privileges like limited liability, perpetual life, bankruptcy protection, etc.
- We subsidize these entities, as we saw with the bailouts, but then they can turn around, spend money, & determine our political destiny.
- Obama should call for a constitutional amendment to declare corporations are not persons.
- Congress should declare, if you do business with the government, you can't fund it.