Cosimo author Hazel Henderson on the SCOTUS decision removing restrictions on corporate spending in the political realm
posted by MaryAnn Johanson (editor) on 27 Jan 2010 at 06:39 pm | category: Author News and Commentary
Hazel Henderson, coauthor of the Cosimo book The Power of Yin and a longtime advocate for global financial reform, has written an editorial for CSRwire, which covers corporate social responsibility and sustainability, framing the Supreme Court’s decision to treat corporations as “persons” not as a debacle for democracy but as an opportunity for corporate social responsibility. From her editorial:
Including unions in the new Court ruling is a red herring since unions represent real people while corporations are chartered to delver profits to shareholders. Key proposals [for fighting the SCOTUS decision] can include: tightening corporate governance through regulatory agencies, particularly the SEC, so that corporations must get prior approval from their shareholders for such new political financing while enforcing immediate public disclosure of such funds and recipients.
The full editorial is available at CSRwire.
Also: see economist Dean Baker’s “simple route around the Supreme Court’s ruling” at truthout, and the video interview, at Democracy Now!, with Academy Award-winning filmmaker Alex Gibney, whose new film Casino Jack and the United States of Money is debuting at Sundance this month.
The Power of Yin is available from Amazon and other online booksellers.
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