reply to post by ABNARTY
That is really the main part of the thesis- that what we can do about them really stops at the national level; by being multi-national, they evade the
majority of regulation any government could place on them.
I have potential half-solutions on the national level, that I think are viable, but the world level is much more challenging.
First we need to address the issue of politics through cash flow, because that is where most of their power comes from. To do this, I think we would
have to make campaign funding illegal; all major candidates who make it to the last level of nomination in an election would be given time in a public
forum, such as televised debates (that would have to be quite lengthy- think 4 hours long or more). Their ideas and plans would be published in a
periodical that was freely distributed prior to the elections. Some would argue that campaign funding is protected under the first ammendment, but I
would counter that by saying that if the voices of some are silenced because they lack the money to make their case, then far more people have lost
the right to free speech.
Lobbying would have to be all but eliminated. In its place would go lengthy congressional hearings at state and federal levels. In my opinion, the
size of our government is inadequate to address all of the decisions it is asked to make, and the number of representatives would have to be increased
potentially 4 times or so, but compartmentalized so that they focus on specific tasks. For instance, a congress of military and strategic matters, a
congress of energy and commercial concerns, etc. Our current representatives are not specialized or informed enough to make adult decisions about very
much. The best they do is rail-road 1200-page bills through the process by voting on party lines and emotion, and by their wallets.
The personal finances of politicians would be subject to very severe investigatory scrutiny to eliminate the influences of bribery and kickbacks. If
the NSA can afford to spy on every American's internet habits, the doings of a few tens of thousands of politicians should be child's play. Turn
that aparatus where it would be most useful.
Make the presidential term 6 years, but one term limit. We don't need our president campaigning for their next term while they should be focused on
more important things. Make impeachment real again. Italy can toss its crooks, why can't we?
We also need to dismantle the false dichotomy of a 2-party system which allows power to concentrate in the same hands and lines, and makes power too
easy to buy, but I believe the previous measures would contribute very quickly to expanding the number of viable parties.
Re-organize the tax system. Corporatations are "people" with the same priveliges? Time they had the same checks too then. Individual tax rate is
capped at 25%; small business tax rate capped at 30%, domestic corporate companies can see 40% rates, and Multi-nationals may face up to 60%. Capital
makes capital. The more you have, the easier it is to get more. The more places you are entrenched, the easier it is to multiply your capital. This
would favor domestic companies heavily over foreign or multinationals, which would help our trade deficit and would enable us to regulate most of the
companies that are doing business with us, because they would be contained to our shores and jurisdictions. People often make the claim that free
market capitalism in the vein of Adam Smith is what we need today, but I would point out that those saying that rarely have read more than a sentence
of Smith, and if they had, would understand he felt that the domination of the market by a group that spends all other competitors out of the market
has actually eliminated the free market.
And last, but also first, regulate the damn banks. Impossible today, but if some or all of the above were in place, that would become easier.
It is not a full solution by any means, but I think it is a major step in the right direction.