Firstly, let me thank Amorymeltzer, Nygdan and the judges for their freely given time and effort setting up and running these debates. Also best of
luck to my worthy opponent, Jamuhn.
True power lies in the hands of corporations, not in the hands of elected representatives.
I believe that true power is
not in the hands of corporations, but still firmly held by elected representatives.
It is true to say “Money is Power”, but only when that power is to influence corrupt politicians. The true power still lies with elected officials
who, by the law of the land, can make or break a corporation's fortunes.
A government that is big enough to give you all you want is big enough to take it all away.
Barry M. Goldwater
I will over the next few posts dispel the myth of Corporate Omnipotence. I will show that despite vast sums of money, despite massive public influence
and despite the harnessing of human greed, that true power, a.k.a. the law of the land, as determined by the elected representatives of the people, is
still firmly wielded by Government.
Stepping on toes...
Russian oligarch Mikhail Khodorkovsky recently discovered to his dismay that despite wielding massive corporate power and wealth to further his
political ambitions, stepping on elected toes can be dangerous.[1]
Excerpt from [1] Khodorkovsky: an oligarch undone (BBC News)
The 1990s privatizations involved an implied obligation. New owners of Russia's prize assets - including its media - would get the wealth; but could
not oppose the Kremlin.
Taken off his private jet and into 9 years of prison.
True power is billionaires behind bars.
Even in America, where the line between corporate and governmental power is at it's most blurred, corporate power won't protect you from the
Government.
Excerpt from[2] Corporate America in the dock (BBC News)
All the same, the forthcoming clutch of hearings should send some shivers down the spines of any unreformed crooked executives. Past abuses may yet be
uncovered, but new ones are not happening to the same extent.
The air of hubris has undoubtedly gone, and the law has undoubtedly been tightened.
The big fish aren't in the pan yet but on display is the
true power in being able to shakedown corporations any time you please.
Might is Right? Or Left?
Despite being among the largest of economic entities in the world, corporations exist at the behest of the largest economic entities of the world, the
countries which spawned them in the first place.
Corporations are bound by international laws and treaties. Laws and treaties created by elected officials. While it is true that most can flout these
rules by having the right official in their pocket, a fact that can't be ignored is that bribery and corruption of officials is necessary in order to
do business in the first place.
In other words, Corporations can't just do as they please, if they could, they would have been drilling in Alaska years ago and not having had to
fight it every step of the way. They require the support of ALL of the Government of the land in which they seek to do business. Whether this is
bought or won is a moot point unless you have
every official in your pocket.
Fooling all of the people, some of the time....
Anyone who saw Super Size Me by Morgan Spurlock, remembers his experiment where the kids all knew who Ronald McDonald was but had trouble identifying
their own President.
Corporate advertising pervades our society. You will more likely remember a corporate jingle than a political party slogan. However, if the message
being given out is contrary to the well-being of the populace or the image of the Government, elected officials can wield true power over
advertising.
Excerpt from [1] Khodorkovsky: an oligarch undone (BBC News)
Boris Berezovsky was another beneficiary of the 1990s state sell-offs, but his media channels started to criticize the Kremlin.
He is now a refugee in London facing charges should he return home.
Other examples would be the smoking ban and the ban on advertising of alcohol in sporting events in Ireland.[3] Tobacco and alcohol lobbyist's power
is waning in the face of opposition from publicly elected officals.
Follow the Money....
You don't pay taxes - they take taxes.
Chris Rock
People
choose to buy corporation's products. You
have to pay taxes in most every country in the world. Governments have the power to
supply Corporations with cheap labor, tax breaks and subsidies in order to maintain the Corporation's bottom line.
Government and politicians have been around for thousands of years. Corruption and bribery from the minute that politicans realised they could vote
themselves a pay-rise. Corporations are only a new entity and nothing more than another easy mark for politicans to make money off.
That is
true power.
[1]
Khodorkovsky: an oligarch undone (BBC News)
[2]
Corporate America in the dock (BBC News)
[3]
Ireland thinks again on drink (BBC News)