[governance] corporates and ethics

[Norbert Klein]

Some statistical comments:

    "*Is USA a Democracy or a Plutocracy? *

    Plutocracy defines a society or a system ruled and dominated by the
    small minority of the wealthiest citizens. Is this what we have in
    USA, or Democracy?

    For reference check out the charts attached here which are by
    Organization for Economic Co-operation and Development (OECD) using
    the World Top
    Incomes Database, which charts shows how income gains between 1975
    and 2007 were divvied up in 18 OECD countries for which the
    researchers had data. Nowhere did the rich benefit as much as in USA.

    As you can see, in some countries like Denmark the vast majority of
    income gains went to the bottom 90
    percent -- SOCIALISTS! -- while nearly half of U.S. income gains
    went to the richest one percent..."

    https://www.anoox.com/ask_answer/qanda.php?q_id=134114&trk=mem_question

Norbert Klein
Cambodia




On 7/6/2014 11:26 PM, parminder wrote:
> http://www.theguardian.com/technology/2014/jul/06/we-shouldnt-expect-facebook-to-behave-ethically?CMP=fb_gu
>
> "Besides, the idea that corporations might behave ethically is as 
> absurd as the proposition that cats should respect the rights of small 
> mammals. Cats do what cats do: kill other creatures. Corporations do 
> what corporations do: maximise revenues and shareholder value and stay 
> within the law. Facebook may be on the extreme end of corporate 
> sociopathy, but really it's just the exception that proves the rule."
>
> (quote ends)
>
> Well, if I had said these sentences, there would have been an 
> immediate multistakeholder (MS) condemnation, for not conforming to 
> the multi-stakeholder spirit!
>
> It is these corporations that are to sought to be given special 
> political rights by the 'equal footing' MS brigade, to be on the 
> policy making table and making political decisions, for all of us. 
> ...  The US public, and its civil society organisations, are still 
> reeling under the impact of the US court ruling to allow unlimited 
> corporate contribution to campaign financing, on the basis of a novel 
> political construction that corporates have the right to freedom of 
> expression, which cannot be diluted under the first amendment. This 
> judgement, many in the US and abroad feel, is having the impact of 
> spinning US politics so much away from its democratic foundation that 
> soon it may be difficult to consider US as a really working democracy.
>
> But that 'novel political construction' of allowing corporates to have 
> human rights was nothing. The 'equal footing' MSists go much much 
> further; they want corporates to have voting rights and decision 
> making powers for public policy matters. The rest of world has simply 
> not waken up to this demon, which is making slow but serious progress, 
> although somewhat clandestinely, against the values and institutions 
> of democracy.
>
> parminder


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